Cardio Capital Stock vs Intangible Assets Analysis

CDIOW Stock  USD 0.11  0.05  83.70%   
Cardio Diagnostics financial indicator trend analysis is way more than just evaluating Cardio Diagnostics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cardio Diagnostics is a good investment. Please check the relationship between Cardio Diagnostics Capital Stock and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardio Diagnostics Holdings. 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.

Capital Stock vs Intangible Assets

Capital Stock vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cardio Diagnostics Capital Stock account and Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Cardio Diagnostics' Capital Stock and Intangible Assets is -0.84. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Cardio Diagnostics Holdings, assuming nothing else is changed. The correlation between historical values of Cardio Diagnostics' Capital Stock and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Cardio Diagnostics Holdings are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Capital Stock i.e., Cardio Diagnostics' Capital Stock and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Cardio Diagnostics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cardio Diagnostics 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardio Diagnostics Holdings. 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, Cardio Diagnostics' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 37.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2023 2024 (projected)
Reconciled Depreciation16K53.8K56.5K
Total Operating Expenses621.3K7.3M7.6M

Cardio Diagnostics fundamental ratios Correlations

-0.720.830.99-0.68-0.780.910.940.630.94-0.331.00.840.960.990.98-0.950.970.85-0.95-0.5-0.50.580.570.58-0.57
-0.72-0.48-0.731.00.15-0.91-0.890.06-0.890.64-0.67-0.26-0.68-0.73-0.830.53-0.85-0.30.53-0.13-0.130.140.140.13-0.14
0.83-0.480.77-0.47-0.710.730.730.580.730.210.820.730.940.770.78-0.90.730.68-0.9-0.45-0.450.590.570.61-0.55
0.99-0.730.77-0.67-0.780.90.930.630.93-0.410.990.840.931.00.98-0.920.970.86-0.92-0.5-0.50.580.570.57-0.56
-0.681.0-0.47-0.670.08-0.89-0.860.13-0.860.61-0.61-0.19-0.65-0.67-0.790.48-0.81-0.220.48-0.2-0.20.210.210.2-0.21
-0.780.15-0.71-0.780.08-0.51-0.57-0.98-0.57-0.03-0.82-0.99-0.76-0.78-0.680.89-0.65-0.930.890.890.89-0.95-0.96-0.930.96
0.91-0.910.730.9-0.89-0.510.990.320.99-0.480.860.60.890.90.97-0.820.970.55-0.82-0.26-0.260.230.240.21-0.25
0.94-0.890.730.93-0.86-0.570.990.391.0-0.50.90.660.90.930.99-0.850.990.62-0.85-0.32-0.320.30.310.28-0.32
0.630.060.580.630.13-0.980.320.390.390.110.680.950.60.630.51-0.780.480.87-0.78-0.95-0.950.981.00.96-1.0
0.94-0.890.730.93-0.86-0.570.991.00.39-0.50.90.660.90.930.99-0.850.990.62-0.85-0.32-0.320.30.310.28-0.32
-0.330.640.21-0.410.61-0.03-0.48-0.50.11-0.5-0.3-0.08-0.11-0.41-0.440.1-0.51-0.120.1-0.07-0.070.250.20.28-0.18
1.0-0.670.820.99-0.61-0.820.860.90.680.9-0.30.870.950.990.96-0.950.950.89-0.95-0.54-0.540.650.630.65-0.62
0.84-0.260.730.84-0.19-0.990.60.660.950.66-0.080.870.80.840.76-0.930.730.93-0.93-0.87-0.870.90.920.88-0.92
0.96-0.680.940.93-0.65-0.760.890.90.60.9-0.110.950.80.930.94-0.960.910.77-0.96-0.47-0.470.570.550.58-0.55
0.99-0.730.771.0-0.67-0.780.90.930.630.93-0.410.990.840.930.98-0.920.970.86-0.92-0.5-0.50.580.570.57-0.56
0.98-0.830.780.98-0.79-0.680.970.990.510.99-0.440.960.760.940.98-0.91.00.74-0.9-0.41-0.410.430.440.43-0.44
-0.950.53-0.9-0.920.480.89-0.82-0.85-0.78-0.850.1-0.95-0.93-0.96-0.92-0.9-0.88-0.841.00.70.7-0.73-0.74-0.710.74
0.97-0.850.730.97-0.81-0.650.970.990.480.99-0.510.950.730.910.971.0-0.880.72-0.88-0.39-0.390.40.410.39-0.41
0.85-0.30.680.86-0.22-0.930.550.620.870.62-0.120.890.930.770.860.74-0.840.72-0.84-0.69-0.690.870.840.89-0.83
-0.950.53-0.9-0.920.480.89-0.82-0.85-0.78-0.850.1-0.95-0.93-0.96-0.92-0.91.0-0.88-0.840.70.7-0.73-0.74-0.710.74
-0.5-0.13-0.45-0.5-0.20.89-0.26-0.32-0.95-0.32-0.07-0.54-0.87-0.47-0.5-0.410.7-0.39-0.690.71.0-0.88-0.94-0.830.95
-0.5-0.13-0.45-0.5-0.20.89-0.26-0.32-0.95-0.32-0.07-0.54-0.87-0.47-0.5-0.410.7-0.39-0.690.71.0-0.88-0.94-0.830.95
0.580.140.590.580.21-0.950.230.30.980.30.250.650.90.570.580.43-0.730.40.87-0.73-0.88-0.880.990.99-0.98
0.570.140.570.570.21-0.960.240.311.00.310.20.630.920.550.570.44-0.740.410.84-0.74-0.94-0.940.990.97-1.0
0.580.130.610.570.2-0.930.210.280.960.280.280.650.880.580.570.43-0.710.390.89-0.71-0.83-0.830.990.97-0.96
-0.57-0.14-0.55-0.56-0.210.96-0.25-0.32-1.0-0.32-0.18-0.62-0.92-0.55-0.56-0.440.74-0.41-0.830.740.950.95-0.98-1.0-0.96
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Cardio Diagnostics Account Relationship Matchups

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When running Cardio Diagnostics' price analysis, check to measure Cardio Diagnostics' 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 Cardio Diagnostics is operating at the current time. Most of Cardio Diagnostics' value examination focuses on studying past and present price action to predict the probability of Cardio Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cardio Diagnostics' price. Additionally, you may evaluate how the addition of Cardio Diagnostics to your portfolios can decrease your overall portfolio volatility.