PRFX Stock | | | USD 2.85 0.31 9.81% |
Painreform financial indicator trend analysis is much more than just breaking down Painreform prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Painreform is a good investment. Please check the relationship between Painreform Property Plant Equipment and its Net Working Capital accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Painreform. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Painreform Stock please use our
How to Invest in Painreform guide.
Property Plant Equipment vs Net Working Capital
Property Plant Equipment vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Painreform Property Plant Equipment account and
Net Working Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Painreform's Property Plant Equipment and Net Working Capital is 0.71. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Painreform, assuming nothing else is changed. The correlation between historical values of Painreform's Property Plant Equipment and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Painreform are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Property Plant Equipment i.e., Painreform's Property Plant Equipment and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant Equipment
Net Working Capital
Most indicators from Painreform's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Painreform 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Painreform. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Painreform Stock please use our
How to Invest in Painreform guide.
Tax Provision is likely to drop to 7,600 in 2024.
Selling General Administrative is likely to drop to about 2.6
M in 2024
Painreform fundamental ratios Correlations
Click cells to compare fundamentals
Painreform Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Painreform fundamental ratios Accounts
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Additional Tools for Painreform Stock Analysis
When running Painreform's price analysis, check to
measure Painreform'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 Painreform is operating at the current time. Most of Painreform's value examination focuses on studying past and present price action to
predict the probability of Painreform's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Painreform's price. Additionally, you may evaluate how the addition of Painreform to your portfolios can decrease your overall portfolio volatility.