GVMH Stock | | | 0.98 0.00 0.00% |
Grand Vision financial indicator trend analysis is much more than just examining Grand Vision Media latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grand Vision Media is a good investment. Please check the relationship between Grand Vision Net Interest Income and its Total Operating Expenses accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grand Vision Media. 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 Interest Income vs Total Operating Expenses
Net Interest Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Grand Vision Media Net Interest Income account and
Total Operating Expenses. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Grand Vision's Net Interest Income and Total Operating Expenses is 0.15. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Grand Vision Media, assuming nothing else is changed. The correlation between historical values of Grand Vision's Net Interest Income and Total Operating Expenses 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 Interest Income of Grand Vision Media are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Interest Income i.e., Grand Vision's Net Interest Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Grand Vision's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grand Vision Media 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 Grand Vision Media. 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 1.1
M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Operating Expenses | 6.2M | 6.4M | 5.6M | 9.6M | Cost Of Revenue | 3.0M | 3.3M | 4.2M | 5.4M |
Grand Vision fundamental ratios Correlations
Click cells to compare fundamentals
Grand Vision Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grand Vision fundamental ratios Accounts
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