GTN-A Stock | | | USD 7.00 0.08 1.13% |
Gray Television financial indicator trend analysis is much more than just examining Gray Television latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gray Television is a good investment. Please check the relationship between Gray Television Dividend Yield and its Days Sales Outstanding accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gray Television. 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.
For information on how to trade Gray Stock refer to our
How to Trade Gray Stock guide.
Dividend Yield vs Days Sales Outstanding
Dividend Yield vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gray Television Dividend Yield account and
Days Sales Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gray Television's Dividend Yield and Days Sales Outstanding is -0.34. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Gray Television, assuming nothing else is changed. The correlation between historical values of Gray Television's Dividend Yield and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Gray Television are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Dividend Yield i.e., Gray Television's Dividend Yield and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Dividend Yield
Dividend Yield is Gray Television dividend as a percentage of Gray Television stock price. Gray Television dividend yield is a measure of Gray Television stock productivity, which can be interpreted as interest rate earned on an Gray Television investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Days Sales Outstanding
Most indicators from Gray Television's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gray Television 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 Gray Television. 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.
For information on how to trade Gray Stock refer to our
How to Trade Gray Stock guide.At present, Gray Television's
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Enterprise Value Over EBITDA is expected to grow to 12.13, whereas
Tax Provision is projected to grow to (5.7
M).
Gray Television fundamental ratios Correlations
Click cells to compare fundamentals
Gray Television Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gray Television fundamental ratios Accounts
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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.
When determining whether Gray Television
offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gray Television's
financial statements, including income statements, balance sheets, and cash flow statements, to assess its
financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gray Television Stock.
Outlined below are crucial reports that will aid in making a well-informed decision on Gray Television Stock: Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gray Television. 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.
For information on how to trade Gray Stock refer to our
How to Trade Gray Stock guide.
You can also try the
Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Please note, there is a significant difference between Gray Television's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gray Television is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gray Television's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.