LQwD Short Term Investments vs Other Current Assets Analysis
LQWD Stock | 1.50 0.03 2.04% |
LQwD FinTech financial indicator trend analysis is infinitely more than just investigating LQwD FinTech Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LQwD FinTech Corp is a good investment. Please check the relationship between LQwD FinTech Short Term Investments and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LQwD FinTech Corp. 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.
Short Term Investments vs Other Current Assets
Short Term Investments vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LQwD FinTech Corp Short Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between LQwD FinTech's Short Term Investments and Other Current Assets is -0.37. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of LQwD FinTech Corp, assuming nothing else is changed. The correlation between historical values of LQwD FinTech's Short Term Investments and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of LQwD FinTech Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Short Term Investments i.e., LQwD FinTech's Short Term Investments and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of LQwD FinTech balance sheet. It contains any investments LQwD FinTech Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that LQwD FinTech Corp can easily liquidate in the marketplace.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from LQwD FinTech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LQwD FinTech Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LQwD FinTech Corp. 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, LQwD FinTech's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3.2 M in 2024, whereas Enterprise Value Multiple is likely to drop (9.71) in 2024.
LQwD FinTech fundamental ratios Correlations
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LQwD FinTech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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When running LQwD FinTech's price analysis, check to measure LQwD FinTech'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 LQwD FinTech is operating at the current time. Most of LQwD FinTech's value examination focuses on studying past and present price action to predict the probability of LQwD FinTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LQwD FinTech's price. Additionally, you may evaluate how the addition of LQwD FinTech to your portfolios can decrease your overall portfolio volatility.