NPTH Stock | | | CAD 0.17 0.01 6.25% |
NeuPath Health financial indicator trend analysis is infinitely more than just investigating NeuPath Health recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NeuPath Health is a good investment. Please check the relationship between NeuPath Health Investments and its Change To Operating Activities accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NeuPath Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Investments vs Change To Operating Activities
Investments vs Change To Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NeuPath Health Investments account and
Change To Operating Activities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NeuPath Health's Investments and Change To Operating Activities is -0.17. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of NeuPath Health, assuming nothing else is changed. The correlation between historical values of NeuPath Health's Investments and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of NeuPath Health are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Investments i.e., NeuPath Health's Investments and Change To Operating Activities go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Change To Operating Activities
Most indicators from NeuPath Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NeuPath Health 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 NeuPath Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
At this time, NeuPath Health's
Tax Provision is fairly stable compared to the past year.
Selling General Administrative is likely to climb to about 9.9
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 7.3
M in 2024.
NeuPath Health fundamental ratios Correlations
Click cells to compare fundamentals
NeuPath Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NeuPath Health fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for NeuPath Stock Analysis
When running NeuPath Health's price analysis, check to
measure NeuPath Health'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 NeuPath Health is operating at the current time. Most of NeuPath Health's value examination focuses on studying past and present price action to
predict the probability of NeuPath Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NeuPath Health's price. Additionally, you may evaluate how the addition of NeuPath Health to your portfolios can decrease your overall portfolio volatility.