| PTIXW Stock | | | USD 0.01 0.01 41.67% |
Protagenic Therapeutics financial indicator trend analysis is much more than just breaking down Protagenic Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Protagenic Therapeutics is a good investment. Please check the relationship between Protagenic Therapeutics Interest Income and its Total Other Income Expense Net accounts. Check out
Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
Interest Income vs Total Other Income Expense Net
Interest Income vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Protagenic Therapeutics Interest Income account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Protagenic Therapeutics' Interest Income and Total Other Income Expense Net is -0.06. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Protagenic Therapeutics, assuming nothing else is changed. The correlation between historical values of Protagenic Therapeutics' Interest Income and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Protagenic Therapeutics are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Interest Income i.e., Protagenic Therapeutics' Interest Income and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.06 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Total Other Income Expense Net
Most indicators from Protagenic Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Protagenic Therapeutics 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
Selling General Administrative is likely to drop to about 1.1
M in 2024.
Issuance Of Capital Stock is likely to drop to 0.00 in 2024
Protagenic Therapeutics fundamental ratios Correlations
Click cells to compare fundamentals
Protagenic Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Protagenic Therapeutics fundamental ratios Accounts
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