| OPRX Stock | | | USD 4.65 0.22 4.52% |
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 Non Currrent Assets Other and its Cash 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.
Non Currrent Assets Other vs Cash
Non Currrent Assets Other vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
OPTIMIZERx Corp Non Currrent Assets Other account and
Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between OPTIMIZERx Corp's Non Currrent Assets Other and Cash is -0.07. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash 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 Non Currrent Assets Other and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of OPTIMIZERx Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Currrent Assets Other i.e., OPTIMIZERx Corp's Non Currrent Assets Other and Cash go up and down completely randomly.
Correlation Coefficient | -0.07 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Cash
Cash refers to the most liquid asset of OPTIMIZERx Corp, which is listed under current asset account on OPTIMIZERx Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from OPTIMIZERx Corp customers. The amounts must be unrestricted with restricted cash listed in a different OPTIMIZERx Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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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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.