GPIL Stock | | | 233.40 2.20 0.93% |
Godawari Power financial indicator trend analysis is much more than just examining Godawari Power And latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Godawari Power And is a good investment. Please check the relationship between Godawari Power End Period Cash Flow and its Change To Operating Activities accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godawari Power 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 board of governors.
End Period Cash Flow vs Change To Operating Activities
End Period Cash Flow vs Change To Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Godawari Power And End Period Cash Flow account and
Change To Operating Activities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Godawari Power's End Period Cash Flow and Change To Operating Activities is -0.03. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Godawari Power And, assuming nothing else is changed. The correlation between historical values of Godawari Power's End Period Cash Flow and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Godawari Power And are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of End Period Cash Flow i.e., Godawari Power's End Period Cash Flow and Change To Operating Activities go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
End Period Cash Flow
Change To Operating Activities
Most indicators from Godawari Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Godawari Power And 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 Godawari Power 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 board of governors.
Selling General Administrative is likely to gain to about 186.6
M in 2024, whereas
Tax Provision is likely to drop slightly above 1.9
B in 2024.
Godawari Power fundamental ratios Correlations
Click cells to compare fundamentals
Godawari Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Godawari Power fundamental ratios Accounts
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