Innovid Good Will vs Capital Surpluse Analysis

CTV Stock  USD 3.04  0.01  0.33%   
Innovid Corp financial indicator trend analysis is infinitely more than just investigating Innovid Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innovid Corp is a good investment. Please check the relationship between Innovid Corp Good Will and its Capital Surpluse accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Innovid 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 estimate.
For more information on how to buy Innovid Stock please use our How to Invest in Innovid Corp guide.

Good Will vs Capital Surpluse

Good Will vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovid Corp Good Will account and Capital Surpluse. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Innovid Corp's Good Will and Capital Surpluse is 0.82. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Innovid Corp, assuming nothing else is changed. The correlation between historical values of Innovid Corp's Good Will and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Innovid Corp are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Good Will i.e., Innovid Corp's Good Will and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Capital Surpluse

Most indicators from Innovid Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innovid 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Innovid 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 estimate.
For more information on how to buy Innovid Stock please use our How to Invest in Innovid Corp guide.Tax Provision is likely to climb to about 4.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 25.2 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization661K5.6M13.0M13.6M
Interest Income4.4M13.3M15.4M16.1M

Innovid Corp fundamental ratios Correlations

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0.540.60.430.380.530.250.410.56-0.510.08-0.380.240.050.680.590.50.110.460.690.21-0.410.40.760.140.5
-0.95-0.73-0.86-0.95-0.97-0.93-0.94-0.810.280.650.93-0.85-0.8-0.74-0.75-0.74-0.82-0.82-0.730.06-0.41-0.94-0.69-0.86-0.97
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Innovid Corp Account Relationship Matchups

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Additional Tools for Innovid Stock Analysis

When running Innovid Corp's price analysis, check to measure Innovid 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 Innovid Corp is operating at the current time. Most of Innovid Corp's value examination focuses on studying past and present price action to predict the probability of Innovid 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 Innovid Corp's price. Additionally, you may evaluate how the addition of Innovid Corp to your portfolios can decrease your overall portfolio volatility.