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 Other Non Cash Items and its Change To Account Receivables 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.
Other Non Cash Items vs Change To Account Receivables
Other Non Cash Items vs Change To Account Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Great Ajax Corp Other Non Cash Items account and
Change To Account Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Great Ajax's Other Non Cash Items and Change To Account Receivables is 0.39. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change To Account Receivables 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 Other Non Cash Items and Change To Account Receivables 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 Non Cash Items of Great Ajax Corp are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Other Non Cash Items i.e., Great Ajax's Other Non Cash Items and Change To Account Receivables go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Non Cash Items
Change To Account Receivables
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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