Onfolio Change To Inventory vs Other Non Cash Items Analysis
ONFOW Stock | USD 0.20 0.01 5.26% |
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 Change To Inventory and its Other Non Cash Items 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.
Change To Inventory vs Other Non Cash Items
Change To Inventory vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Onfolio Holdings Warrant Change To Inventory account and Other Non Cash Items. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Onfolio Holdings' Change To Inventory and Other Non Cash Items is 0.8. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Other Non Cash Items 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' Change To Inventory and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Onfolio Holdings Warrant are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Inventory i.e., Onfolio Holdings' Change To Inventory and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Other Non Cash Items
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 Profit | 735.0K | 1.2M | 3.2M | 3.4M | Total Revenue | 1.8M | 2.2M | 5.2M | 5.5M |
Onfolio Holdings fundamental ratios Correlations
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Onfolio Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Onfolio Stock Analysis
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.