| GICRE Stock | | | 399.60 1.95 0.49% |
General Insurance financial indicator trend analysis is much more than just examining General Insurance latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether General Insurance is a good investment. Please check the relationship between General Insurance Net Tangible Assets and its Cash And Short Term Investments accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Net Tangible Assets vs Cash And Short Term Investments
Net Tangible Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
General Insurance Net Tangible Assets account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between General Insurance's Net Tangible Assets and Cash And Short Term Investments is 0.88. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of General Insurance, assuming nothing else is changed. The correlation between historical values of General Insurance's Net Tangible Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of General Insurance are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Tangible Assets i.e., General Insurance's Net Tangible Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.88 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of General Insurance balance sheet. This account contains General Insurance investments that will expire within one year. These investments include stocks and bonds that can be liquidated by General Insurance 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.
Most indicators from General Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into General Insurance 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 General Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
As of the 1st of December 2024,
Selling General Administrative is likely to drop to about 147.3
M. In addition to that,
Tax Provision is likely to drop to about 9.8
BGeneral Insurance fundamental ratios Correlations
Click cells to compare fundamentals
General Insurance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
General Insurance 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.
Other Information on Investing in General Stock
Balance Sheet is a snapshot of the
financial position of General Insurance at a specified time, usually calculated after every quarter, six months, or one year. General Insurance Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of General Insurance and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which General currently owns. An asset can also be divided into two categories, current and non-current.