FNX Stock | | | 0.32 0.01 3.23% |
Finexia Financial financial indicator trend analysis is much more than just examining Finexia Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Finexia Financial is a good investment. Please check the relationship between Finexia Financial Inventory and its Net Receivables accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finexia Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Inventory vs Net Receivables
Inventory vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Finexia Financial Inventory account and
Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Finexia Financial's Inventory and Net Receivables is -0.46. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Finexia Financial Group, assuming nothing else is changed. The correlation between historical values of Finexia Financial's Inventory and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Finexia Financial Group are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Inventory i.e., Finexia Financial's Inventory and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Inventory
Net Receivables
Most indicators from Finexia Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Finexia Financial 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finexia Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 6.8
M in 2024.
Tax Provision is likely to gain to about 173.8
K in 2024
Finexia Financial fundamental ratios Correlations
Click cells to compare fundamentals
Finexia Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Finexia Financial fundamental ratios Accounts
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Additional Tools for Finexia Stock Analysis
When running Finexia Financial's price analysis, check to
measure Finexia Financial'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 Finexia Financial is operating at the current time. Most of Finexia Financial's value examination focuses on studying past and present price action to
predict the probability of Finexia Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finexia Financial's price. Additionally, you may evaluate how the addition of Finexia Financial to your portfolios can decrease your overall portfolio volatility.