| IDN Stock | | | USD 2.80 0.02 0.72% |
Intellicheck Mobilisa financial indicator trend analysis is infinitely more than just investigating Intellicheck Mobilisa recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intellicheck Mobilisa is a good investment. Please check the relationship between Intellicheck Mobilisa Capital Expenditures and its Change Receivables accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intellicheck Mobilisa. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
To learn how to invest in Intellicheck Stock, please use our
How to Invest in Intellicheck Mobilisa guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Intellicheck Mobilisa Capital Expenditures account and
Change Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Intellicheck Mobilisa's Capital Expenditures and Change Receivables is -0.12. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change Receivables in the same time period over historical financial statements of Intellicheck Mobilisa, assuming nothing else is changed. The correlation between historical values of Intellicheck Mobilisa's Capital Expenditures and Change Receivables 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 Expenditures of Intellicheck Mobilisa are associated (or correlated) with its Change Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change Receivables has no effect on the direction of Capital Expenditures i.e., Intellicheck Mobilisa's Capital Expenditures and Change Receivables go up and down completely randomly.
Correlation Coefficient | -0.12 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Capital Expenditures are funds used by Intellicheck Mobilisa to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Intellicheck Mobilisa operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.
Most indicators from Intellicheck Mobilisa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intellicheck Mobilisa 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intellicheck Mobilisa. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
To learn how to invest in Intellicheck Stock, please use our
How to Invest in Intellicheck Mobilisa guide.At this time, Intellicheck Mobilisa's
Selling General Administrative is very stable compared to the past year. As of the 1st of January 2025,
Enterprise Value is likely to grow to about 60.6
M, while
Tax Provision is likely to drop about 98.3
K.