Infinity Cash And Short Term Investments vs Capital Lease Obligations Analysis
INFIQ Stock | 0.0001 0.00 0.00% |
Infinity Pharmaceuticals financial indicator trend analysis is infinitely more than just investigating Infinity Pharmaceuticals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Infinity Pharmaceuticals is a good investment. Please check the relationship between Infinity Pharmaceuticals Cash And Short Term Investments and its Capital Lease Obligations accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Infinity Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Infinity Stock, please use our How to Invest in Infinity Pharmaceuticals guide.
Cash And Short Term Investments vs Capital Lease Obligations
Cash And Short Term Investments vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Infinity Pharmaceuticals Cash And Short Term Investments account and Capital Lease Obligations. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Infinity Pharmaceuticals' Cash And Short Term Investments and Capital Lease Obligations is -0.2. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Infinity Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Infinity Pharmaceuticals' Cash And Short Term Investments and Capital Lease Obligations 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 And Short Term Investments of Infinity Pharmaceuticals are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Cash And Short Term Investments i.e., Infinity Pharmaceuticals' Cash And Short Term Investments and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Infinity Pharmaceuticals balance sheet. This account contains Infinity Pharmaceuticals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Infinity Pharmaceuticals 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.Capital Lease Obligations
Infinity Pharmaceuticals capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Infinity Pharmaceuticals asset purchases. For example, Infinity Pharmaceuticals can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Infinity Pharmaceuticals control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from Infinity Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Infinity Pharmaceuticals 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 Infinity Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Infinity Stock, please use our How to Invest in Infinity Pharmaceuticals guide.As of 11/28/2024, Sales General And Administrative To Revenue is likely to grow to 4.94, while Selling General Administrative is likely to drop slightly above 10.9 M.
2021 | 2023 | 2024 (projected) | Interest Expense | 180K | 162K | 153.9K | Depreciation And Amortization | 480K | 526.7K | 451K |
Infinity Pharmaceuticals fundamental ratios Correlations
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Infinity Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Infinity Pharmaceuticals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Infinity Pharmaceuticals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Infinity Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Infinity Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Infinity Pharmaceuticals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Infinity Pharmaceuticals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Infinity Pharmaceuticals to buy it.
The correlation of Infinity Pharmaceuticals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Infinity Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Infinity Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Infinity Pharmaceuticals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Infinity Stock Analysis
When running Infinity Pharmaceuticals' price analysis, check to measure Infinity Pharmaceuticals' 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 Infinity Pharmaceuticals is operating at the current time. Most of Infinity Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Infinity Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Infinity Pharmaceuticals' price. Additionally, you may evaluate how the addition of Infinity Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.