INLX Stock | | | USD 14.80 0.05 0.34% |
Intellinetics financial indicator trend analysis is infinitely more than just investigating Intellinetics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intellinetics is a good investment. Please check the relationship between Intellinetics Retained Earnings and its Common Stock Shares Outstanding accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intellinetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Intellinetics Stock please use our
How to Invest in Intellinetics guide.
Retained Earnings vs Common Stock Shares Outstanding
Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Intellinetics Retained Earnings account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Intellinetics' Retained Earnings and Common Stock Shares Outstanding is -0.65. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Intellinetics, assuming nothing else is changed. The correlation between historical values of Intellinetics' Retained Earnings and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Intellinetics are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Retained Earnings i.e., Intellinetics' Retained Earnings and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Intellinetics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intellinetics 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 Intellinetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Intellinetics Stock please use our
How to Invest in Intellinetics guide.At this time, Intellinetics'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 12.63 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Intellinetics fundamental ratios Correlations
Click cells to compare fundamentals
Intellinetics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Intellinetics fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Intellinetics Stock Analysis
When running Intellinetics' price analysis, check to
measure Intellinetics' 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 Intellinetics is operating at the current time. Most of Intellinetics' value examination focuses on studying past and present price action to
predict the probability of Intellinetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intellinetics' price. Additionally, you may evaluate how the addition of Intellinetics to your portfolios can decrease your overall portfolio volatility.