| INVX Stock | | | 13.97 0.16 1.16% |
Innovex International, financial indicator trend analysis is infinitely more than just investigating Innovex International, recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innovex International, is a good investment. Please check the relationship between Innovex International, Free Cash Flow and its Change To Inventory accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innovex International,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy Innovex Stock please use our
How to Invest in Innovex International, guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Innovex International, Free Cash Flow account and
Change To Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Innovex International,'s Free Cash Flow and Change To Inventory is 0.49. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Innovex International,, assuming nothing else is changed. The correlation between historical values of Innovex International,'s Free Cash Flow and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Innovex International, are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Free Cash Flow i.e., Innovex International,'s Free Cash Flow and Change To Inventory go up and down completely randomly.
Correlation Coefficient | 0.49 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Innovex International,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innovex International, 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 Innovex International,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy Innovex Stock please use our
How to Invest in Innovex International, guide.
Tax Provision is expected to decline to about 7.4
M this year.
Selling General Administrative is expected to decline to about 64.7
M this year