| VRMEW Stock | | | USD 0.03 0.01 24.00% |
VerifyMe financial indicator trend analysis is much more than just breaking down VerifyMe prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VerifyMe is a good investment. Please check the relationship between VerifyMe Non Current Assets Total and its Property Plant And Equipment Net accounts. Check out
World Market Map 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 income.
Non Current Assets Total vs Property Plant And Equipment Net
Non Current Assets Total vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
VerifyMe Non Current Assets Total account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between VerifyMe's Non Current Assets Total and Property Plant And Equipment Net is 0.86. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of VerifyMe, assuming nothing else is changed. The correlation between historical values of VerifyMe's Non Current Assets Total and Property Plant And Equipment Net 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 Current Assets Total of VerifyMe are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Assets Total i.e., VerifyMe's Non Current Assets Total and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.86 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from VerifyMe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VerifyMe 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
World Market Map 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 income.
Selling General Administrative is likely to climb to about 10.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 76
K in 2024.
VerifyMe fundamental ratios Correlations
Click cells to compare fundamentals
VerifyMe Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VerifyMe fundamental ratios Accounts
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Additional Tools for VerifyMe Stock Analysis
When running VerifyMe's price analysis, check to
measure VerifyMe'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 VerifyMe is operating at the current time. Most of VerifyMe's value examination focuses on studying past and present price action to
predict the probability of VerifyMe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VerifyMe's price. Additionally, you may evaluate how the addition of VerifyMe to your portfolios can decrease your overall portfolio volatility.