IDT Stock | | | USD 52.21 1.03 1.93% |
IDT financial indicator trend analysis is infinitely more than just investigating IDT Corporation recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IDT Corporation is a good investment. Please check the relationship between IDT Cash Flows Other Operating and its Investments accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDT Corporation. 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.
Cash Flows Other Operating vs Investments
Cash Flows Other Operating vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
IDT Corporation Cash Flows Other Operating account and
Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between IDT's Cash Flows Other Operating and Investments is -0.5. Overlapping area represents the amount of variation of Cash Flows Other Operating that can explain the historical movement of Investments in the same time period over historical financial statements of IDT Corporation, assuming nothing else is changed. The correlation between historical values of IDT's Cash Flows Other Operating and 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 Cash Flows Other Operating of IDT Corporation are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Cash Flows Other Operating i.e., IDT's Cash Flows Other Operating and Investments go up and down completely randomly.
Correlation Coefficient | -0.5 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash Flows Other Operating
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from IDT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IDT Corporation 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 IDT Corporation. 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.
At this time, IDT's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.24 in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 9.26 in 2024.
IDT fundamental ratios Correlations
Click cells to compare fundamentals
IDT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IDT fundamental ratios Accounts
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Additional Tools for IDT Stock Analysis
When running IDT's price analysis, check to
measure IDT'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 IDT is operating at the current time. Most of IDT's value examination focuses on studying past and present price action to
predict the probability of IDT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDT's price. Additionally, you may evaluate how the addition of IDT to your portfolios can decrease your overall portfolio volatility.