AJX Stock | | | USD 3.04 0.01 0.33% |
Great Ajax financial indicator trend analysis is much more than just examining Great Ajax Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Ajax Corp is a good investment. Please check the relationship between Great Ajax Capital Expenditures and its Sale Purchase Of Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Great Ajax Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Capital Expenditures vs Sale Purchase Of Stock
Capital Expenditures vs Sale Purchase Of Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Great Ajax Corp Capital Expenditures account and
Sale Purchase Of Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Great Ajax's Capital Expenditures and Sale Purchase Of Stock is 0.46. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Great Ajax Corp, assuming nothing else is changed. The correlation between historical values of Great Ajax's Capital Expenditures and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Great Ajax Corp are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Capital Expenditures i.e., Great Ajax's Capital Expenditures and Sale Purchase Of Stock go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Capital Expenditures
Capital Expenditures are funds used by Great Ajax Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Great Ajax operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Sale Purchase Of Stock
Most indicators from Great Ajax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Ajax Corp 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 Great Ajax Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
At this time, Great Ajax's
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to rise to about 25
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.9
M in 2024.
Great Ajax fundamental ratios Correlations
Click cells to compare fundamentals
Great Ajax Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Great Ajax fundamental ratios Accounts
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measure Great Ajax'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 Great Ajax is operating at the current time. Most of Great Ajax's value examination focuses on studying past and present price action to
predict the probability of Great Ajax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Ajax's price. Additionally, you may evaluate how the addition of Great Ajax to your portfolios can decrease your overall portfolio volatility.