0MN3 Stock | | | 11.97 0.00 0.00% |
PGE Polska financial indicator trend analysis is much more than just breaking down PGE Polska Grupa prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PGE Polska Grupa is a good investment. Please check the relationship between PGE Polska Other Stockholder Equity and its Other Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in PGE Polska Grupa. 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.
Other Stockholder Equity vs Other Assets
Other Stockholder Equity vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PGE Polska Grupa Other Stockholder Equity account and
Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between PGE Polska's Other Stockholder Equity and Other Assets is -0.13. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Assets in the same time period over historical financial statements of PGE Polska Grupa, assuming nothing else is changed. The correlation between historical values of PGE Polska's Other Stockholder Equity and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of PGE Polska Grupa are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Stockholder Equity i.e., PGE Polska's Other Stockholder Equity and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Stockholder Equity
Other Assets
Most indicators from PGE Polska's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PGE Polska Grupa 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in PGE Polska Grupa. 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.
Tax Provision is likely to gain to about 223.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.5
B in 2024.
PGE Polska fundamental ratios Correlations
Click cells to compare fundamentals
PGE Polska Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PGE Polska 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.
Additional Tools for PGE Stock Analysis
When running PGE Polska's price analysis, check to
measure PGE Polska'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 PGE Polska is operating at the current time. Most of PGE Polska's value examination focuses on studying past and present price action to
predict the probability of PGE Polska's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PGE Polska's price. Additionally, you may evaluate how the addition of PGE Polska to your portfolios can decrease your overall portfolio volatility.