NowVertical Change In Cash vs Investments Analysis
NOW Stock | 0.33 0.01 3.13% |
NowVertical financial indicator trend analysis is infinitely more than just investigating NowVertical Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NowVertical Group is a good investment. Please check the relationship between NowVertical Change In Cash and its Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NowVertical Group. 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 In Cash vs Investments
Change In Cash vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NowVertical Group Change In Cash account and Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between NowVertical's Change In Cash and Investments is 0.34. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Investments in the same time period over historical financial statements of NowVertical Group, assuming nothing else is changed. The correlation between historical values of NowVertical's Change In Cash and 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 Change In Cash of NowVertical Group are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change In Cash i.e., NowVertical's Change In Cash and Investments go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Change In Cash
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Most indicators from NowVertical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NowVertical Group 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 NowVertical Group. 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. At this time, NowVertical's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 13.81 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.3M | 11.6M | 26.6M | 14.8M | Total Revenue | 3.2M | 27.0M | 51.7M | 30.0M |
NowVertical fundamental ratios Correlations
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NowVertical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for NowVertical Stock Analysis
When running NowVertical's price analysis, check to measure NowVertical'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 NowVertical is operating at the current time. Most of NowVertical's value examination focuses on studying past and present price action to predict the probability of NowVertical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NowVertical's price. Additionally, you may evaluate how the addition of NowVertical to your portfolios can decrease your overall portfolio volatility.