INUV Stock | | | USD 0.30 0.01 3.45% |
Inuvo financial indicator trend analysis is infinitely more than just investigating Inuvo Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inuvo Inc is a good investment. Please check the relationship between Inuvo Non Operating Income Net Other and its Ebitda accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inuvo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inuvo Inc Non Operating Income Net Other account and
Ebitda. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Inuvo's Non Operating Income Net Other and Ebitda is -0.44. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Ebitda in the same time period over historical financial statements of Inuvo Inc, assuming nothing else is changed. The correlation between historical values of Inuvo's Non Operating Income Net Other and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Inuvo Inc are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Non Operating Income Net Other i.e., Inuvo's Non Operating Income Net Other and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Most indicators from Inuvo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inuvo Inc 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 Inuvo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Issuance Of Capital Stock is likely to climb to about 8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 13.1
M in 2024.
When running Inuvo's price analysis, check to
measure Inuvo'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 Inuvo is operating at the current time. Most of Inuvo's value examination focuses on studying past and present price action to
predict the probability of Inuvo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inuvo's price. Additionally, you may evaluate how the addition of Inuvo to your portfolios can decrease your overall portfolio volatility.