IITL Stock | | | 376.50 3.95 1.04% |
Industrial Investment financial indicator trend analysis is infinitely more than just investigating Industrial Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Industrial Investment is a good investment. Please check the relationship between Industrial Investment Change To Inventory and its Net Borrowings accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Industrial Investment Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Change To Inventory vs Net Borrowings
Change To Inventory vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Industrial Investment Change To Inventory account and
Net Borrowings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Industrial Investment's Change To Inventory and Net Borrowings is -0.31. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Industrial Investment Trust, assuming nothing else is changed. The correlation between historical values of Industrial Investment's Change To Inventory and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Industrial Investment Trust are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change To Inventory i.e., Industrial Investment's Change To Inventory and Net Borrowings go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Industrial Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Industrial Investment current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Industrial Investment Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to gain to about 54
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 25.7
M in 2024.
Industrial Investment fundamental ratios Correlations
Click cells to compare fundamentals
Industrial Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Industrial Investment fundamental ratios Accounts
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Additional Tools for Industrial Stock Analysis
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measure Industrial Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Industrial Investment is operating at the current time. Most of Industrial Investment's value examination focuses on studying past and present price action to
predict the probability of Industrial Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Industrial Investment's price. Additionally, you may evaluate how the addition of Industrial Investment to your portfolios can decrease your overall portfolio volatility.