Innovative Common Stock vs Retained Earnings Analysis

LUCY Stock  USD 6.56  0.16  2.38%   
Innovative Eyewear financial indicator trend analysis is infinitely more than just investigating Innovative Eyewear recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innovative Eyewear is a good investment. Please check the relationship between Innovative Eyewear Common Stock and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Innovative Eyewear. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Innovative Stock please use our How to Invest in Innovative Eyewear guide.

Common Stock vs Retained Earnings

Common Stock vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovative Eyewear Common Stock account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Innovative Eyewear's Common Stock and Retained Earnings is -0.94. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Innovative Eyewear, assuming nothing else is changed. The correlation between historical values of Innovative Eyewear's Common Stock and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Innovative Eyewear are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock i.e., Innovative Eyewear's Common Stock and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Common Stock

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.
Most indicators from Innovative Eyewear's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innovative Eyewear 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Innovative Eyewear. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Innovative Stock please use our How to Invest in Innovative Eyewear guide.At this time, Innovative Eyewear's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 5.31 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 2.4 M in 2024.

Innovative Eyewear fundamental ratios Correlations

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-0.750.550.49-0.6-0.130.590.990.610.54-0.6-0.540.570.470.56-0.6-0.60.530.51-0.50.470.49
-0.890.550.86-0.990.650.990.661.01.0-0.95-1.00.750.930.9-0.95-0.970.930.91-0.830.860.87
-0.750.490.86-0.880.540.870.580.860.85-0.96-0.850.970.790.95-0.96-0.950.880.83-0.610.650.65
0.94-0.6-0.99-0.88-0.65-1.0-0.69-0.99-0.990.960.98-0.79-0.91-0.90.960.98-0.96-0.940.83-0.89-0.89
-0.51-0.130.650.54-0.650.64-0.030.610.66-0.56-0.650.380.710.53-0.56-0.590.740.78-0.490.740.68
-0.930.590.990.87-1.00.640.681.00.99-0.95-0.980.770.910.89-0.95-0.970.940.92-0.850.890.9
-0.790.990.660.58-0.69-0.030.680.710.65-0.7-0.660.650.60.67-0.7-0.70.630.6-0.520.510.53
-0.910.611.00.86-0.990.611.00.711.0-0.96-0.990.760.930.91-0.96-0.970.940.91-0.820.850.86
-0.880.541.00.85-0.990.660.990.651.0-0.95-1.00.740.930.9-0.95-0.970.930.91-0.820.860.87
0.84-0.6-0.95-0.960.96-0.56-0.95-0.7-0.96-0.950.95-0.91-0.9-0.981.01.0-0.94-0.890.7-0.73-0.74
0.86-0.54-1.0-0.850.98-0.65-0.98-0.66-0.99-1.00.95-0.74-0.96-0.910.950.96-0.94-0.910.77-0.82-0.83
-0.710.570.750.97-0.790.380.770.650.760.74-0.91-0.740.70.92-0.91-0.890.810.75-0.490.530.53
-0.770.470.930.79-0.910.710.910.60.930.93-0.9-0.960.70.91-0.9-0.910.950.92-0.580.750.72
-0.750.560.90.95-0.90.530.890.670.910.9-0.98-0.910.920.91-0.98-0.960.920.86-0.550.630.62
0.84-0.6-0.95-0.960.96-0.56-0.95-0.7-0.96-0.951.00.95-0.91-0.9-0.981.0-0.94-0.890.7-0.73-0.74
0.88-0.6-0.97-0.950.98-0.59-0.97-0.7-0.97-0.971.00.96-0.89-0.91-0.961.0-0.95-0.910.75-0.79-0.8
-0.870.530.930.88-0.960.740.940.630.940.93-0.94-0.940.810.950.92-0.94-0.950.99-0.660.840.81
-0.890.510.910.83-0.940.780.920.60.910.91-0.89-0.910.750.920.86-0.89-0.910.99-0.70.90.86
0.87-0.5-0.83-0.610.83-0.49-0.85-0.52-0.82-0.820.70.77-0.49-0.58-0.550.70.75-0.66-0.7-0.89-0.95
-0.930.470.860.65-0.890.740.890.510.850.86-0.73-0.820.530.750.63-0.73-0.790.840.9-0.890.99
-0.930.490.870.65-0.890.680.90.530.860.87-0.74-0.830.530.720.62-0.74-0.80.810.86-0.950.99
Click cells to compare fundamentals

Innovative Eyewear Account Relationship Matchups

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Additional Tools for Innovative Stock Analysis

When running Innovative Eyewear's price analysis, check to measure Innovative Eyewear'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 Innovative Eyewear is operating at the current time. Most of Innovative Eyewear's value examination focuses on studying past and present price action to predict the probability of Innovative Eyewear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovative Eyewear's price. Additionally, you may evaluate how the addition of Innovative Eyewear to your portfolios can decrease your overall portfolio volatility.