NTRBW Stock | | | USD 1.56 0.09 6.12% |
Nutriband Warrant financial indicator trend analysis is infinitely more than just investigating Nutriband Warrant recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nutriband Warrant is a good investment. Please check the relationship between Nutriband Warrant Capex To Depreciation and its Dividend Yield accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutriband Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy Nutriband Stock please use our
How to Invest in Nutriband Warrant guide.
Capex To Depreciation vs Dividend Yield
Capex To Depreciation vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nutriband Warrant Capex To Depreciation account and
Dividend Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nutriband Warrant's Capex To Depreciation and Dividend Yield is -0.03. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Nutriband Warrant, assuming nothing else is changed. The correlation between historical values of Nutriband Warrant's Capex To Depreciation and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Nutriband Warrant are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Capex To Depreciation i.e., Nutriband Warrant's Capex To Depreciation and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Dividend Yield
Dividend Yield is Nutriband Warrant dividend as a percentage of Nutriband Warrant stock price. Nutriband Warrant dividend yield is a measure of Nutriband Warrant stock productivity, which can be interpreted as interest rate earned on an Nutriband Warrant investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Nutriband Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nutriband Warrant 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 Nutriband Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy Nutriband Stock please use our
How to Invest in Nutriband Warrant guide.
Sales General And Administrative To Revenue is likely to climb to 3.26 in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.1
M in 2024.
Nutriband Warrant fundamental ratios Correlations
Click cells to compare fundamentals
Nutriband Warrant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nutriband Warrant fundamental ratios Accounts
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Additional Tools for Nutriband Stock Analysis
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measure Nutriband Warrant'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 Nutriband Warrant is operating at the current time. Most of Nutriband Warrant's value examination focuses on studying past and present price action to
predict the probability of Nutriband Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nutriband Warrant's price. Additionally, you may evaluate how the addition of Nutriband Warrant to your portfolios can decrease your overall portfolio volatility.