Onfolio Cash And Short Term Investments vs Common Stock Shares Outstanding Analysis

ONFOW Stock  USD 0.22  0.02  10.00%   
Onfolio Holdings financial indicator trend analysis is much more than just breaking down Onfolio Holdings Warrant prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Onfolio Holdings Warrant is a good investment. Please check the relationship between Onfolio Holdings Cash And Short Term Investments and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Cash And Short Term Investments vs Common Stock Shares Outstanding

Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Onfolio Holdings Warrant Cash And Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Onfolio Holdings' Cash And Short Term Investments and Common Stock Shares Outstanding is -0.03. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Onfolio Holdings Warrant, assuming nothing else is changed. The correlation between historical values of Onfolio Holdings' Cash And Short Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Onfolio Holdings Warrant are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash And Short Term Investments i.e., Onfolio Holdings' Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Onfolio Holdings Warrant balance sheet. This account contains Onfolio Holdings investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Onfolio Holdings Warrant fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Onfolio Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Onfolio Holdings 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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Onfolio Holdings' Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 2.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit735.0K1.2M3.2M3.4M
Total Revenue1.8M2.2M5.2M5.5M

Onfolio Holdings fundamental ratios Correlations

0.750.981.0-0.97-0.670.950.990.82-0.330.950.890.990.980.950.80.790.950.82-0.240.820.850.910.990.80.8
0.750.690.76-0.58-0.980.520.820.9-0.830.520.90.690.640.870.290.930.850.73-0.610.290.780.720.740.90.29
0.980.690.98-0.95-0.570.970.960.73-0.250.970.811.00.980.890.880.720.880.87-0.210.890.750.840.990.710.88
1.00.760.98-0.97-0.690.950.990.84-0.350.950.910.980.970.960.780.80.960.81-0.240.80.870.920.990.810.78
-0.97-0.58-0.95-0.970.51-0.99-0.93-0.720.15-0.99-0.8-0.96-0.99-0.88-0.83-0.64-0.9-0.690.11-0.86-0.84-0.92-0.95-0.72-0.83
-0.67-0.98-0.57-0.690.51-0.41-0.75-0.90.87-0.41-0.88-0.57-0.54-0.83-0.13-0.92-0.82-0.580.62-0.14-0.81-0.71-0.64-0.91-0.13
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0.820.90.730.84-0.72-0.90.650.89-0.580.650.980.740.710.950.370.950.910.65-0.280.390.880.810.760.840.37
-0.33-0.83-0.25-0.350.150.87-0.05-0.4-0.58-0.05-0.53-0.26-0.23-0.480.19-0.62-0.51-0.330.890.19-0.54-0.43-0.34-0.780.19
0.950.520.970.95-0.99-0.411.00.90.65-0.050.740.970.980.830.910.590.840.74-0.030.930.740.840.950.620.91
0.890.90.810.91-0.8-0.880.740.950.98-0.530.740.810.790.990.50.970.960.75-0.260.520.890.860.850.850.5
0.990.691.00.98-0.96-0.570.970.960.74-0.260.970.810.990.890.860.710.880.84-0.220.870.770.850.980.730.86
0.980.640.980.97-0.99-0.540.980.940.71-0.230.980.790.990.870.850.650.90.76-0.220.870.810.90.980.750.85
0.950.870.890.96-0.88-0.830.830.980.95-0.480.830.990.890.870.610.930.980.78-0.270.620.910.90.920.860.61
0.80.290.880.78-0.83-0.130.910.740.370.190.910.50.860.850.610.390.590.770.141.00.420.570.830.321.0
0.790.930.720.8-0.64-0.920.590.870.95-0.620.590.970.710.650.930.390.870.78-0.310.40.790.720.760.80.39
0.950.850.880.96-0.9-0.820.840.960.91-0.510.840.960.880.90.980.590.870.71-0.350.610.960.960.920.920.59
0.820.730.870.81-0.69-0.580.740.850.65-0.330.740.750.840.760.780.770.780.71-0.210.760.50.550.850.560.77
-0.24-0.61-0.21-0.240.110.62-0.03-0.25-0.280.89-0.03-0.26-0.22-0.22-0.270.14-0.31-0.35-0.210.14-0.39-0.35-0.29-0.670.14
0.820.290.890.8-0.86-0.140.930.750.390.190.930.520.870.870.621.00.40.610.760.140.450.60.840.341.0
0.850.780.750.87-0.84-0.810.740.860.88-0.540.740.890.770.810.910.420.790.960.5-0.390.450.980.820.940.42
0.910.720.840.92-0.92-0.710.840.890.81-0.430.840.860.850.90.90.570.720.960.55-0.350.60.980.890.90.57
0.990.740.990.99-0.95-0.640.950.970.76-0.340.950.850.980.980.920.830.760.920.85-0.290.840.820.890.790.83
0.80.90.710.81-0.72-0.910.620.820.84-0.780.620.850.730.750.860.320.80.920.56-0.670.340.940.90.790.32
0.80.290.880.78-0.83-0.130.910.740.370.190.910.50.860.850.611.00.390.590.770.141.00.420.570.830.32
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Onfolio Holdings Account Relationship Matchups

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When running Onfolio Holdings' price analysis, check to measure Onfolio Holdings' 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 Onfolio Holdings is operating at the current time. Most of Onfolio Holdings' value examination focuses on studying past and present price action to predict the probability of Onfolio Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onfolio Holdings' price. Additionally, you may evaluate how the addition of Onfolio Holdings to your portfolios can decrease your overall portfolio volatility.