| INUV Stock | | | USD 0.20 0.01 4.76% |
Inuvo financial indicator trend analysis is infinitely more than just investigating Inuvo Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inuvo Inc is a good investment. Please check the relationship between Inuvo Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inuvo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Cash And Short Term Investments vs Non Currrent Assets Other
Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inuvo Inc Cash And Short Term Investments account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between Inuvo's Cash And Short Term Investments and Non Currrent Assets Other is 0.32. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Inuvo Inc, assuming nothing else is changed. The correlation between historical values of Inuvo's Cash And Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Inuvo Inc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., Inuvo's Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.32 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Inuvo Inc balance sheet. This account contains Inuvo investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Inuvo Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Inuvo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inuvo Inc 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 Inuvo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Issuance Of Capital Stock is likely to climb to about 8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 13.1
M in 2024.
Inuvo fundamental ratios Correlations
Click cells to compare fundamentals
Inuvo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inuvo fundamental ratios Accounts
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Additional Tools for Inuvo Stock Analysis
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