NXGLW Stock | | | USD 0.48 0.03 5.88% |
NexGel Warrant financial indicator trend analysis is infinitely more than just investigating NexGel Warrant recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NexGel Warrant is a good investment. Please check the relationship between NexGel Warrant Inventory and its Short Long Term Debt Total accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexGel Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy NexGel Stock please use our
How to Invest in NexGel Warrant guide.
Inventory vs Short Long Term Debt Total
Inventory vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NexGel Warrant Inventory account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NexGel Warrant's Inventory and Short Long Term Debt Total is 0.58. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of NexGel Warrant, assuming nothing else is changed. The correlation between historical values of NexGel Warrant's Inventory and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of NexGel Warrant are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Inventory i.e., NexGel Warrant's Inventory and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Inventory
Short Long Term Debt Total
Most indicators from NexGel Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NexGel Warrant 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 NexGel Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy NexGel Stock please use our
How to Invest in NexGel Warrant guide.
Selling General Administrative is likely to drop to about 2.6
M in 2024.
Issuance Of Capital Stock is likely to drop to about 7.9
M in 2024
NexGel Warrant fundamental ratios Correlations
Click cells to compare fundamentals
NexGel Warrant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NexGel Warrant fundamental ratios Accounts
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