Nyxio Total Cash From Operating Activities vs Operating Income Analysis
| NYXO Stock | USD 0.0001 0.00 0.00% |
Nyxio Tech financial indicator trend analysis is infinitely more than just investigating Nyxio Tech Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nyxio Tech Corp is a good investment. Please check the relationship between Nyxio Tech Total Cash From Operating Activities and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nyxio Tech 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 interest.
Total Cash From Operating Activities vs Operating Income
Total Cash From Operating Activities vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nyxio Tech Corp Total Cash From Operating Activities account and Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nyxio Tech's Total Cash From Operating Activities and Operating Income is -0.65. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Operating Income in the same time period over historical financial statements of Nyxio Tech Corp, assuming nothing else is changed. The correlation between historical values of Nyxio Tech's Total Cash From Operating Activities and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Cash From Operating Activities of Nyxio Tech Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Cash From Operating Activities i.e., Nyxio Tech's Total Cash From Operating Activities and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.65 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Total Cash From Operating Activities
Operating Income
Operating Income is the amount of profit realized from Nyxio Tech Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Nyxio Tech Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Nyxio Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nyxio Tech 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 Nyxio Tech 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 interest. At this time, Nyxio Tech's Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024, Sales General And Administrative To Revenue is likely to grow to 953.65, while Enterprise Value Over EBITDA is likely to drop (0.08).
Nyxio Tech fundamental ratios Correlations
Click cells to compare fundamentals
Nyxio Tech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Nyxio Tech
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nyxio Tech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nyxio Tech will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Nyxio Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nyxio Tech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nyxio Tech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nyxio Tech Corp to buy it.
The correlation of Nyxio Tech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nyxio Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nyxio Tech Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nyxio Tech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nyxio Tech 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 interest. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Consumer Electronics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nyxio Tech. If investors know Nyxio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nyxio Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 7.5 | Revenue Per Share 0.007 | Return On Assets (155.74) |
The market value of Nyxio Tech Corp is measured differently than its book value, which is the value of Nyxio that is recorded on the company's balance sheet. Investors also form their own opinion of Nyxio Tech's value that differs from its market value or its book value, called intrinsic value, which is Nyxio Tech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nyxio Tech's market value can be influenced by many factors that don't directly affect Nyxio Tech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nyxio Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nyxio Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nyxio Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.