INVZ Stock | | | USD 0.53 0.01 1.92% |
Innoviz Technologies financial indicator trend analysis is infinitely more than just investigating Innoviz Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innoviz Technologies is a good investment. Please check the relationship between Innoviz Technologies Total Current Assets and its Cash And Short Term Investments accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innoviz Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy Innoviz Stock please use our
How to Invest in Innoviz Technologies guide.
Total Current Assets vs Cash And Short Term Investments
Total Current Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Innoviz Technologies Total Current Assets account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Innoviz Technologies' Total Current Assets and Cash And Short Term Investments is 0.86. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Innoviz Technologies, assuming nothing else is changed. The correlation between historical values of Innoviz Technologies' Total Current Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Innoviz Technologies are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., Innoviz Technologies' Total Current Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Innoviz Technologies balance sheet. This account contains Innoviz Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Innoviz Technologies fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Innoviz Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innoviz Technologies 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 Innoviz Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy Innoviz Stock please use our
How to Invest in Innoviz Technologies guide.At this time, Innoviz Technologies'
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to rise to about 82.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 15.3
M in 2024.
Innoviz Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Innoviz Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Innoviz Technologies fundamental ratios Accounts
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Additional Tools for Innoviz Stock Analysis
When running Innoviz Technologies' price analysis, check to
measure Innoviz Technologies' 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 Innoviz Technologies is operating at the current time. Most of Innoviz Technologies' value examination focuses on studying past and present price action to
predict the probability of Innoviz Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innoviz Technologies' price. Additionally, you may evaluate how the addition of Innoviz Technologies to your portfolios can decrease your overall portfolio volatility.