| NBVA Stock | | | CAD 0.20 0.01 4.76% |
Nubeva Technologies financial indicator trend analysis is infinitely more than just investigating Nubeva Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nubeva Technologies is a good investment. Please check the relationship between Nubeva Technologies Book Value Per Share and its Operating Cash Flow Per Share accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nubeva Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Book Value Per Share vs Operating Cash Flow Per Share
Book Value Per Share vs Operating Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nubeva Technologies Book Value Per Share account and
Operating Cash Flow Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nubeva Technologies' Book Value Per Share and Operating Cash Flow Per Share is 0.7. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of Nubeva Technologies, assuming nothing else is changed. The correlation between historical values of Nubeva Technologies' Book Value Per Share and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Nubeva Technologies are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Book Value Per Share i.e., Nubeva Technologies' Book Value Per Share and Operating Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.7 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.
Most indicators from Nubeva Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nubeva Technologies 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 Nubeva Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
At this time, Nubeva Technologies'
Discontinued Operations is fairly stable compared to the past year.
Selling General Administrative is likely to climb to about 2.1
M in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Nubeva Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Nubeva Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nubeva Technologies fundamental ratios Accounts
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Additional Tools for Nubeva Stock Analysis
When running Nubeva Technologies' price analysis, check to
measure Nubeva Technologies' 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 Nubeva Technologies is operating at the current time. Most of Nubeva Technologies' value examination focuses on studying past and present price action to
predict the probability of Nubeva Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nubeva Technologies' price. Additionally, you may evaluate how the addition of Nubeva Technologies to your portfolios can decrease your overall portfolio volatility.