GLOBAL Stock | | | 191.88 6.09 3.28% |
Global Education financial indicator trend analysis is much more than just examining Global Education latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Education is a good investment. Please check the relationship between Global Education Ebit and its Interest Income accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Education Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Ebit vs Interest Income
Ebit vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Global Education Ebit account and
Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Global Education's Ebit and Interest Income is -0.66. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Interest Income in the same time period over historical financial statements of Global Education Limited, assuming nothing else is changed. The correlation between historical values of Global Education's Ebit and Interest 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 Ebit of Global Education Limited are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Ebit i.e., Global Education's Ebit and Interest Income go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Ebit
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.
Most indicators from Global Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Education 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 Global Education Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Selling General Administrative is expected to grow to about 52.7
M. The current year's
Tax Provision is expected to grow to about 116.8
MGlobal Education fundamental ratios Correlations
Click cells to compare fundamentals
Global Education Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Global Education fundamental ratios Accounts
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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 Global Stock
Balance Sheet is a snapshot of the
financial position of Global Education at a specified time, usually calculated after every quarter, six months, or one year. Global Education Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Global Education 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 Global currently owns. An asset can also be divided into two categories, current and non-current.