| IVX Stock | | | 0.26 0.02 7.14% |
Invion financial indicator trend analysis is infinitely more than just investigating Invion recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Invion is a good investment. Please check the relationship between Invion Operating Income and its Income Before Tax accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Invion. 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.
Operating Income vs Income Before Tax
Operating Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Invion Operating Income account and
Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Invion's Operating Income and Income Before Tax is 0.93. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Invion, assuming nothing else is changed. The correlation between historical values of Invion's Operating Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Invion are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Operating Income i.e., Invion's Operating Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Invion operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Invion is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Invion income statement and is an important metric when analyzing Invion profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Invion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Invion 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Invion. 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.
At this time, Invion's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 1.8
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 13.3
M in 2024.
Invion fundamental ratios Correlations
Click cells to compare fundamentals
Invion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Invion fundamental ratios Accounts
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Additional Tools for Invion Stock Analysis
When running Invion's price analysis, check to
measure Invion'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 Invion is operating at the current time. Most of Invion's value examination focuses on studying past and present price action to
predict the probability of Invion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Invion's price. Additionally, you may evaluate how the addition of Invion to your portfolios can decrease your overall portfolio volatility.