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 Non Current Assets Total and its Non Currrent Assets Other 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.
Non Current Assets Total vs Non Currrent Assets Other
Non Current Assets Total vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gokul Refoils Non Current Assets Total account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gokul Refoils' Non Current Assets Total and Non Currrent Assets Other is 0.6. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Currrent Assets Other 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' Non Current Assets Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Gokul Refoils and are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Assets Total i.e., Gokul Refoils' Non Current Assets Total and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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.