Nixxy, Capital Stock vs Short Term Investments Analysis
| NIXXW Stock | 0.01 0.01 26.53% |
Nixxy, financial indicator trend analysis is infinitely more than just investigating Nixxy, Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nixxy, Inc is a good investment. Please check the relationship between Nixxy, Capital Stock and its Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Capital Stock vs Short Term Investments
Capital Stock vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nixxy, Inc Capital Stock account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nixxy,'s Capital Stock and Short Term Investments is -0.31. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Nixxy, Inc, assuming nothing else is changed. The correlation between historical values of Nixxy,'s Capital Stock 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 Capital Stock of Nixxy, Inc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Capital Stock i.e., Nixxy,'s Capital Stock and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.31 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Short Term Investments
Short Term Investments is an item under the current assets section of Nixxy, balance sheet. It contains any investments Nixxy, Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Nixxy, Inc can easily liquidate in the marketplace.Most indicators from Nixxy,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nixxy, Inc 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. Selling General Administrative is likely to climb to about 9.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 746.2 K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.3M | 7.6M | 466.8K | 443.5K | Total Revenue | 22.2M | 21.3M | 3.2M | 3.0M |
Nixxy, fundamental ratios Correlations
Click cells to compare fundamentals
Nixxy, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Nixxy, Stock Analysis
When running Nixxy,'s price analysis, check to measure Nixxy,'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 Nixxy, is operating at the current time. Most of Nixxy,'s value examination focuses on studying past and present price action to predict the probability of Nixxy,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nixxy,'s price. Additionally, you may evaluate how the addition of Nixxy, to your portfolios can decrease your overall portfolio volatility.