GO2 Stock | | | 0.67 0.00 0.00% |
GO2 People financial indicator trend analysis is much more than just examining GO2 People latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GO2 People is a good investment. Please check the relationship between GO2 People Net Income and its Other Non Cash Items accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GO2 People. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Income vs Other Non Cash Items
Net Income vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GO2 People Net Income account and
Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between GO2 People's Net Income and Other Non Cash Items is -0.43. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of GO2 People, assuming nothing else is changed. The correlation between historical values of GO2 People's Net Income and Other Non Cash Items 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 Income of GO2 People are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., GO2 People's Net Income and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in GO2 People financial statement analysis. It represents the amount of money remaining after all of GO2 People operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Other Non Cash Items
Most indicators from GO2 People's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GO2 People 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 GO2 People. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 863.2
K in 2024.
Issuance Of Capital Stock is likely to drop to about 229
K in 2024
GO2 People fundamental ratios Correlations
Click cells to compare fundamentals
GO2 People Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GO2 People fundamental ratios Accounts
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Additional Tools for GO2 Stock Analysis
When running GO2 People's price analysis, check to
measure GO2 People'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 GO2 People is operating at the current time. Most of GO2 People's value examination focuses on studying past and present price action to
predict the probability of GO2 People's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GO2 People's price. Additionally, you may evaluate how the addition of GO2 People to your portfolios can decrease your overall portfolio volatility.