| WORX Stock | | | USD 2.10 0.02 0.94% |
Scworx Corp financial indicator trend analysis is much more than just breaking down Scworx Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scworx Corp is a good investment. Please check the relationship between Scworx Corp Short Term Debt and its Cash And Short Term Investments accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Scworx 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 Scworx Stock please use our
How to Invest in Scworx Corp guide.
Short Term Debt vs Cash And Short Term Investments
Short Term Debt vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Scworx Corp Short Term Debt account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Scworx Corp's Short Term Debt and Cash And Short Term Investments is -0.26. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Scworx Corp, assuming nothing else is changed. The correlation between historical values of Scworx Corp's Short Term Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Scworx Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Short Term Debt i.e., Scworx Corp's Short Term Debt and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.26 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Short Term Debt
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Scworx Corp balance sheet. This account contains Scworx Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Scworx Corp 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.
Most indicators from Scworx Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scworx 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Scworx 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 Scworx Stock please use our
How to Invest in Scworx Corp guide.
Selling General Administrative is likely to rise to about 5.1
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 544.3
K in 2024.
Scworx Corp fundamental ratios Correlations
Click cells to compare fundamentals
Scworx Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Scworx Corp fundamental ratios Accounts
Also Currently Popular
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 Scworx Stock Analysis
When running Scworx Corp's price analysis, check to
measure Scworx 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 Scworx Corp is operating at the current time. Most of Scworx Corp's value examination focuses on studying past and present price action to
predict the probability of Scworx 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 Scworx Corp's price. Additionally, you may evaluate how the addition of Scworx Corp to your portfolios can decrease your overall portfolio volatility.