OPRX Stock | | | USD 5.33 0.34 6.81% |
OPTIMIZERx Corp financial indicator trend analysis is much more than just breaking down OPTIMIZERx Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OPTIMIZERx Corp is a good investment. Please check the relationship between OPTIMIZERx Corp Book Value Per Share and its Interest Coverage accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in OPTIMIZERx 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 metropolitan statistical area.
For more information on how to buy OPTIMIZERx Stock please use our
How to Invest in OPTIMIZERx Corp guide.
Book Value Per Share vs Interest Coverage
Book Value Per Share vs Interest Coverage Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
OPTIMIZERx Corp Book Value Per Share account and
Interest Coverage. At this time, the significance of the direction appears to have very week relationship.
The correlation between OPTIMIZERx Corp's Book Value Per Share and Interest Coverage is 0.23. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of OPTIMIZERx Corp, assuming nothing else is changed. The correlation between historical values of OPTIMIZERx Corp's Book Value Per Share and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of OPTIMIZERx Corp are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Book Value Per Share i.e., OPTIMIZERx Corp's Book Value Per Share and Interest Coverage go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Interest Coverage
Most indicators from OPTIMIZERx Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OPTIMIZERx 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in OPTIMIZERx 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 metropolitan statistical area.
For more information on how to buy OPTIMIZERx Stock please use our
How to Invest in OPTIMIZERx Corp guide.At this time, OPTIMIZERx Corp's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 281.4
M in 2024, despite the fact that
Tax Provision is likely to grow to (7.2
M).
OPTIMIZERx Corp fundamental ratios Correlations
Click cells to compare fundamentals
OPTIMIZERx Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OPTIMIZERx Corp fundamental ratios Accounts
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Additional Tools for OPTIMIZERx Stock Analysis
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measure OPTIMIZERx Corp'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 OPTIMIZERx Corp is operating at the current time. Most of OPTIMIZERx Corp's value examination focuses on studying past and present price action to
predict the probability of OPTIMIZERx Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OPTIMIZERx Corp's price. Additionally, you may evaluate how the addition of OPTIMIZERx Corp to your portfolios can decrease your overall portfolio volatility.