FCUV Stock | | | USD 0.26 0.01 4.00% |
Focus Universal financial indicator trend analysis is much more than just examining Focus Universal latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Focus Universal is a good investment. Please check the relationship between Focus Universal Other Assets and its Cash And Short Term Investments accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Focus Universal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Focus Stock please use our
How to Invest in Focus Universal guide.
Other Assets vs Cash And Short Term Investments
Other Assets 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
Focus Universal Other Assets account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Focus Universal's Other Assets and Cash And Short Term Investments is -0.04. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Focus Universal, assuming nothing else is changed. The correlation between historical values of Focus Universal's Other Assets 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 Other Assets of Focus Universal 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 Other Assets i.e., Focus Universal's Other Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Assets
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Focus Universal balance sheet. This account contains Focus Universal investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Focus Universal 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 Focus Universal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Focus Universal 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Focus Universal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Focus Stock please use our
How to Invest in Focus Universal guide.
Enterprise Value is likely to climb to about 134.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.8
M in 2024.
Focus Universal fundamental ratios Correlations
Click cells to compare fundamentals
Focus Universal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Focus Universal fundamental ratios Accounts
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Additional Tools for Focus Stock Analysis
When running Focus Universal's price analysis, check to
measure Focus Universal'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 Focus Universal is operating at the current time. Most of Focus Universal's value examination focuses on studying past and present price action to
predict the probability of Focus Universal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Focus Universal's price. Additionally, you may evaluate how the addition of Focus Universal to your portfolios can decrease your overall portfolio volatility.