| NTRBW Stock | | | USD 1.90 0.34 21.79% |
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 Total Current Assets and its Common Stock 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.
Total Current Assets vs Common Stock
Total Current Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nutriband Warrant Total Current Assets account and
Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nutriband Warrant's Total Current Assets and Common Stock is -0.53. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock 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 Total Current Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Nutriband Warrant are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Assets i.e., Nutriband Warrant's Total Current Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.53 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Common Stock
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.