GANX Stock | | | USD 1.72 0.10 6.17% |
Gain Therapeutics financial indicator trend analysis is much more than just examining Gain Therapeutics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gain Therapeutics is a good investment. Please check the relationship between Gain Therapeutics Other Current Assets and its Non Current Liabilities Total accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gain Therapeutics. 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.
For more information on how to buy Gain Stock please use our
How to Invest in Gain Therapeutics guide.
Other Current Assets vs Non Current Liabilities Total
Other Current Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gain Therapeutics Other Current Assets account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gain Therapeutics' Other Current Assets and Non Current Liabilities Total is 0.77. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Gain Therapeutics, assuming nothing else is changed. The correlation between historical values of Gain Therapeutics' Other Current Assets and Non Current Liabilities Total 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 Current Assets of Gain Therapeutics are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Current Assets i.e., Gain Therapeutics' Other Current Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Non Current Liabilities Total
Most indicators from Gain Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gain Therapeutics 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gain Therapeutics. 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.
For more information on how to buy Gain Stock please use our
How to Invest in Gain Therapeutics guide.At this time, Gain Therapeutics'
Tax Provision is fairly stable compared to the past year.
Selling General Administrative is likely to rise to about 11.3
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 3
M in 2024.
Gain Therapeutics fundamental ratios Correlations
Click cells to compare fundamentals
Gain Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gain Therapeutics fundamental ratios Accounts
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Additional Tools for Gain Stock Analysis
When running Gain Therapeutics' price analysis, check to
measure Gain Therapeutics' 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 Gain Therapeutics is operating at the current time. Most of Gain Therapeutics' value examination focuses on studying past and present price action to
predict the probability of Gain Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gain Therapeutics' price. Additionally, you may evaluate how the addition of Gain Therapeutics to your portfolios can decrease your overall portfolio volatility.