GOKUL Stock | | | 54.45 0.85 1.59% |
Gokul Refoils financial indicator trend analysis is much more than just examining Gokul Refoils latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gokul Refoils is a good investment. Please check the relationship between Gokul Refoils Common Stock Shares Outstanding and its Inventory accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gokul Refoils and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Common Stock Shares Outstanding vs Inventory
Common Stock Shares Outstanding vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gokul Refoils Common Stock Shares Outstanding account and
Inventory. At this time, the significance of the direction appears to have weak relationship.
The correlation between Gokul Refoils' Common Stock Shares Outstanding and Inventory is 0.39. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Inventory in the same time period over historical financial statements of Gokul Refoils and, assuming nothing else is changed. The correlation between historical values of Gokul Refoils' Common Stock Shares Outstanding and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Gokul Refoils and are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Common Stock Shares Outstanding i.e., Gokul Refoils' Common Stock Shares Outstanding and Inventory go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Inventory
Most indicators from Gokul Refoils' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gokul Refoils 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 Gokul Refoils and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
As of the 2nd of December 2024,
Discontinued Operations is likely to grow to about 347.1
M, while
Selling General Administrative is likely to drop about 31.2
M.
Gokul Refoils fundamental ratios Correlations
Click cells to compare fundamentals
Gokul Refoils Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gokul Refoils 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 Gokul Stock
Balance Sheet is a snapshot of the
financial position of Gokul Refoils at a specified time, usually calculated after every quarter, six months, or one year. Gokul Refoils Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gokul Refoils 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 Gokul currently owns. An asset can also be divided into two categories, current and non-current.