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 Research Development and its Net Income From Continuing Ops 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.
Research Development vs Net Income From Continuing Ops
Research Development vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Global Education Research Development account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Global Education's Research Development and Net Income From Continuing Ops is -0.33. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Net Income From Continuing Ops 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 Research Development and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Global Education Limited are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Research Development i.e., Global Education's Research Development and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Research Development
Net Income From Continuing Ops
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
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 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.