Globalink Current Ratio from 2010 to 2024
GLLIR Stock | USD 0.13 0.02 13.33% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 0.04907569 | Current Value 0.0466 | Quarterly Volatility 1.7839548 |
Check Globalink Investment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globalink Investment's main balance sheet or income statement drivers, such as , as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 5.06. Globalink financial statements analysis is a perfect complement when working with Globalink Investment Valuation or Volatility modules.
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Latest Globalink Investment's Current Ratio Growth Pattern
Below is the plot of the Current Ratio of Globalink Investment Rights over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Globalink Investment's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globalink Investment's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 0.00 X | 10 Years Trend |
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Current Ratio |
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Globalink Current Ratio Regression Statistics
Arithmetic Mean | 3.60 | |
Geometric Mean | 2.07 | |
Coefficient Of Variation | 49.55 | |
Mean Deviation | 1.38 | |
Median | 4.46 | |
Standard Deviation | 1.78 | |
Sample Variance | 3.18 | |
Range | 4.4147 | |
R-Value | (0.70) | |
Mean Square Error | 1.76 | |
R-Squared | 0.49 | |
Significance | 0 | |
Slope | (0.28) | |
Total Sum of Squares | 44.55 |
Globalink Current Ratio History
About Globalink Investment Financial Statements
Globalink Investment shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Globalink Investment investors may analyze each financial statement separately, they are all interrelated. The changes in Globalink Investment's assets and liabilities, for example, are also reflected in the revenues and expenses on on Globalink Investment's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Current Ratio | 0.05 | 0.05 |
Pair Trading with Globalink Investment
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Globalink Investment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Globalink Investment will appreciate offsetting losses from the drop in the long position's value.Moving against Globalink Stock
The ability to find closely correlated positions to Globalink Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Globalink Investment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Globalink Investment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Globalink Investment Rights to buy it.
The correlation of Globalink Investment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Globalink Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Globalink Investment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Globalink Investment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Globalink Stock Analysis
When running Globalink Investment's price analysis, check to measure Globalink Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globalink Investment is operating at the current time. Most of Globalink Investment's value examination focuses on studying past and present price action to predict the probability of Globalink Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalink Investment's price. Additionally, you may evaluate how the addition of Globalink Investment to your portfolios can decrease your overall portfolio volatility.