| NXO Stock | | | CAD 0.04 0.01 14.29% |
Nexoptic Technology financial indicator trend analysis is infinitely more than just investigating Nexoptic Technology Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nexoptic Technology Corp is a good investment. Please check the relationship between Nexoptic Technology Other Stockholder Equity and its Total Liab accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexoptic Technology 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 board of governors.
Other Stockholder Equity vs Total Liab
Other Stockholder Equity vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nexoptic Technology Corp Other Stockholder Equity account and
Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nexoptic Technology's Other Stockholder Equity and Total Liab is -0.02. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Liab in the same time period over historical financial statements of Nexoptic Technology Corp, assuming nothing else is changed. The correlation between historical values of Nexoptic Technology's Other Stockholder Equity and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Nexoptic Technology Corp are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Stockholder Equity i.e., Nexoptic Technology's Other Stockholder Equity and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.02 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Other Stockholder Equity
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Nexoptic Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nexoptic Technology 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 Nexoptic Technology 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 board of governors.
At this time, Nexoptic Technology's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 39.81 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Nexoptic Technology fundamental ratios Correlations
Click cells to compare fundamentals
Nexoptic Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nexoptic Technology fundamental ratios Accounts
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measure Nexoptic Technology'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 Nexoptic Technology is operating at the current time. Most of Nexoptic Technology's value examination focuses on studying past and present price action to
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