FGF Stock | | | USD 37.70 3.71 10.91% |
Fundamental Global financial indicator trend analysis is much more than just examining Fundamental Global latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fundamental Global is a good investment. Please check the relationship between Fundamental Global Investments and its Capital Expenditures accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fundamental Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Investments vs Capital Expenditures
Investments vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fundamental Global Investments account and
Capital Expenditures. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Fundamental Global's Investments and Capital Expenditures is 0.49. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Fundamental Global, assuming nothing else is changed. The correlation between historical values of Fundamental Global's Investments and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Fundamental Global are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Investments i.e., Fundamental Global's Investments and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Capital Expenditures
Capital Expenditures are funds used by Fundamental Global to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Fundamental Global operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Fundamental Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fundamental Global 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fundamental Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, Fundamental Global's
Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years. The Fundamental Global's current
Enterprise Value is estimated to increase to about 953.7
M, while
Selling General Administrative is projected to decrease to roughly 7.4
M.
Fundamental Global fundamental ratios Correlations
Click cells to compare fundamentals
Fundamental Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fundamental Global fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Fundamental Stock
Balance Sheet is a snapshot of the
financial position of Fundamental Global at a specified time, usually calculated after every quarter, six months, or one year. Fundamental Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fundamental Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Fundamental currently owns. An asset can also be divided into two categories, current and non-current.