FGF Stock | | | USD 31.96 0.94 3.03% |
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 Long Term Investments and its Property Plant Equipment 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.
Long Term Investments vs Property Plant Equipment
Long Term Investments vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fundamental Global Long Term Investments account and
Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fundamental Global's Long Term Investments and Property Plant Equipment is 0.95. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Property Plant Equipment 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 Long Term Investments and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Fundamental Global are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Investments i.e., Fundamental Global's Long Term Investments and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Investments
Long Term Investments is an item on the asset side of Fundamental Global balance sheet that represents investments Fundamental Global intends to hold for over a year. Fundamental Global long term investments may include different instruments such as stocks, bonds, real estate and cash.
Property Plant Equipment
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.