| GGZ Stock | | | USD 13.22 0.09 0.69% |
Gabelli Global financial indicator trend analysis is much more than just examining Gabelli Global Small latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gabelli Global Small is a good investment. Please check the relationship between Gabelli Global Income Before Tax and its Operating Income accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gabelli Global Small. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Income Before Tax vs Operating Income
Income Before Tax vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gabelli Global Small Income Before Tax account and
Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Gabelli Global's Income Before Tax and Operating Income is 1.0. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of Gabelli Global Small, assuming nothing else is changed. The correlation between historical values of Gabelli Global's Income Before Tax and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Gabelli Global Small are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., Gabelli Global's Income Before Tax and Operating Income go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Gabelli Global income statement and is an important metric when analyzing Gabelli Global Small profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Operating Income
Operating Income is the amount of profit realized from Gabelli Global Small operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Gabelli Global Small is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Gabelli Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gabelli Global Small 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 Gabelli Global Small. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, Gabelli Global's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 10.73 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 32
M in 2024.
Gabelli Global fundamental ratios Correlations
Click cells to compare fundamentals
Gabelli Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gabelli Global fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Gabelli Stock Analysis
When running Gabelli Global's price analysis, check to
measure Gabelli Global'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 Gabelli Global is operating at the current time. Most of Gabelli Global's value examination focuses on studying past and present price action to
predict the probability of Gabelli Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gabelli Global's price. Additionally, you may evaluate how the addition of Gabelli Global to your portfolios can decrease your overall portfolio volatility.