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 Change To Inventory and its Capital Expenditures 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.
Change To Inventory vs Capital Expenditures
Change To Inventory vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inuvo Inc Change To Inventory account and
Capital Expenditures. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Inuvo's Change To Inventory and Capital Expenditures is 0.11. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Capital Expenditures 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 Change To Inventory and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Inuvo Inc are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Inventory i.e., Inuvo's Change To Inventory and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Capital Expenditures
Capital Expenditures are funds used by Inuvo Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Inuvo operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
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
When running Inuvo's price analysis, check to
measure Inuvo'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 Inuvo is operating at the current time. Most of Inuvo's value examination focuses on studying past and present price action to
predict the probability of Inuvo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inuvo's price. Additionally, you may evaluate how the addition of Inuvo to your portfolios can decrease your overall portfolio volatility.