| NOTV Stock | | | USD 3.54 0.35 10.97% |
Inotiv financial indicator trend analysis is infinitely more than just investigating Inotiv Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inotiv Inc is a good investment. Please check the relationship between Inotiv Short Long Term Debt Total and its Common Stock Shares Outstanding accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Inotiv Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Short Long Term Debt Total vs Common Stock Shares Outstanding
Short Long Term Debt Total vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inotiv Inc Short Long Term Debt Total account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have totally related.
The correlation between Inotiv's Short Long Term Debt Total and Common Stock Shares Outstanding is 0.99. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Inotiv Inc, assuming nothing else is changed. The correlation between historical values of Inotiv's Short Long Term Debt Total and Common Stock Shares Outstanding 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 Long Term Debt Total of Inotiv Inc are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Long Term Debt Total i.e., Inotiv's Short Long Term Debt Total and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Short Long Term Debt Total
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Inotiv's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inotiv 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Inotiv Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Inotiv's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.29 in 2024, despite the fact that
Issuance Of Capital Stock is likely to grow to
(855.00).
Inotiv fundamental ratios Correlations
Click cells to compare fundamentals
Inotiv Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inotiv fundamental ratios Accounts
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Additional Tools for Inotiv Stock Analysis
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measure Inotiv'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 Inotiv is operating at the current time. Most of Inotiv's value examination focuses on studying past and present price action to
predict the probability of Inotiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inotiv's price. Additionally, you may evaluate how the addition of Inotiv to your portfolios can decrease your overall portfolio volatility.