Nuvve Average Inventory vs Dividend Yield Analysis

NVVEW Stock  USD 0.03  0  18.80%   
Nuvve Holding financial indicator trend analysis is infinitely more than just investigating Nuvve Holding Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuvve Holding Corp is a good investment. Please check the relationship between Nuvve Holding Average Inventory and its Dividend Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuvve Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Average Inventory vs Dividend Yield

Average Inventory vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuvve Holding Corp Average Inventory account and Dividend Yield. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nuvve Holding's Average Inventory and Dividend Yield is -0.57. Overlapping area represents the amount of variation of Average Inventory that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Nuvve Holding Corp, assuming nothing else is changed. The correlation between historical values of Nuvve Holding's Average Inventory and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Inventory of Nuvve Holding Corp are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Average Inventory i.e., Nuvve Holding's Average Inventory and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.

Dividend Yield

Dividend Yield is Nuvve Holding Corp dividend as a percentage of Nuvve Holding stock price. Nuvve Holding Corp dividend yield is a measure of Nuvve Holding stock productivity, which can be interpreted as interest rate earned on an Nuvve Holding investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Nuvve Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuvve Holding Corp 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 Nuvve Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Selling General Administrative is likely to drop to about 17.5 M in 2024. Tax Provision is likely to drop to 720.00 in 2024
 2021 2022 2023 2024 (projected)
Interest Expense585.2K134.6K154.8K286.4K
Depreciation And Amortization236.6K289.5K396.2K283.8K

Nuvve Holding fundamental ratios Correlations

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0.590.840.950.420.880.91-0.24-0.850.50.490.440.250.970.480.75-0.51-0.30.970.820.860.870.950.690.54-0.91
0.650.840.790.510.980.95-0.32-0.920.40.520.540.350.80.50.86-0.560.20.80.850.940.980.910.710.03-0.92
0.770.950.790.620.820.84-0.44-0.750.730.660.680.520.980.650.87-0.48-0.430.980.850.710.850.970.810.52-0.87
0.960.420.510.620.560.54-0.97-0.250.920.990.950.950.490.990.720.04-0.330.490.790.280.620.650.91-0.13-0.38
0.690.880.980.820.560.99-0.39-0.910.450.590.550.350.830.580.8-0.490.070.830.920.950.990.940.790.08-0.91
0.680.910.950.840.540.99-0.37-0.910.450.580.520.320.850.570.77-0.490.00.850.920.950.980.940.780.15-0.92
-0.86-0.24-0.32-0.44-0.97-0.39-0.370.03-0.86-0.96-0.87-0.92-0.29-0.97-0.53-0.270.37-0.29-0.67-0.1-0.44-0.47-0.820.190.15
-0.47-0.85-0.92-0.75-0.25-0.91-0.910.03-0.2-0.27-0.34-0.08-0.83-0.25-0.720.78-0.18-0.83-0.74-0.94-0.89-0.84-0.57-0.160.98
0.910.50.40.730.920.450.45-0.86-0.20.920.930.920.610.920.73-0.03-0.620.610.710.170.520.670.850.23-0.39
0.950.490.520.660.990.590.58-0.96-0.270.920.910.90.531.00.690.08-0.410.530.830.320.640.690.93-0.03-0.4
0.970.440.540.680.950.550.52-0.87-0.340.930.910.960.570.910.83-0.2-0.30.570.760.270.630.680.89-0.09-0.48
0.890.250.350.520.950.350.32-0.92-0.080.920.90.960.370.90.70.05-0.340.370.60.060.440.50.78-0.13-0.23
0.680.970.80.980.490.830.85-0.29-0.830.610.530.570.370.520.84-0.6-0.361.00.810.770.850.960.740.54-0.92
0.940.480.50.650.990.580.57-0.97-0.250.921.00.910.90.520.670.1-0.420.520.820.310.620.680.93-0.04-0.38
0.840.750.860.870.720.80.77-0.53-0.720.730.690.830.70.840.67-0.54-0.090.840.810.660.870.90.80.13-0.82
-0.23-0.51-0.56-0.480.04-0.49-0.49-0.270.78-0.030.08-0.20.05-0.60.1-0.54-0.2-0.6-0.35-0.54-0.51-0.5-0.25-0.130.77
-0.33-0.30.2-0.43-0.330.070.00.37-0.18-0.62-0.41-0.3-0.34-0.36-0.42-0.09-0.2-0.36-0.20.220.05-0.23-0.33-0.720.0
0.680.970.80.980.490.830.85-0.29-0.830.610.530.570.371.00.520.84-0.6-0.360.810.770.850.960.740.54-0.92
0.890.820.850.850.790.920.92-0.67-0.740.710.830.760.60.810.820.81-0.35-0.20.810.760.930.930.960.07-0.81
0.430.860.940.710.280.950.95-0.1-0.940.170.320.270.060.770.310.66-0.540.220.770.760.920.840.550.14-0.9
0.750.870.980.850.620.990.98-0.44-0.890.520.640.630.440.850.620.87-0.510.050.850.930.920.960.820.08-0.92
0.80.950.910.970.650.940.94-0.47-0.840.670.690.680.50.960.680.9-0.5-0.230.960.930.840.960.860.32-0.92
0.980.690.710.810.910.790.78-0.82-0.570.850.930.890.780.740.930.8-0.25-0.330.740.960.550.820.860.03-0.67
-0.020.540.030.52-0.130.080.150.19-0.160.23-0.03-0.09-0.130.54-0.040.13-0.13-0.720.540.070.140.080.320.03-0.27
-0.6-0.91-0.92-0.87-0.38-0.91-0.920.150.98-0.39-0.4-0.48-0.23-0.92-0.38-0.820.770.0-0.92-0.81-0.9-0.92-0.92-0.67-0.27
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Nuvve Holding Account Relationship Matchups

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