Greenchek Roic vs Pb Ratio Analysis
| GCHK Stock | USD 0.0001 0.00 0.00% |
Greenchek Technology financial indicator trend analysis is much more than just examining Greenchek Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenchek Technology is a good investment. Please check the relationship between Greenchek Technology Roic and its Pb Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenchek Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more information on how to buy Greenchek Stock please use our How to buy in Greenchek Stock guide.
Roic vs Pb Ratio
Roic vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenchek Technology Roic account and Pb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Greenchek Technology's Roic and Pb Ratio is -0.99. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Greenchek Technology, assuming nothing else is changed. The correlation between historical values of Greenchek Technology's Roic and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Greenchek Technology are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Roic i.e., Greenchek Technology's Roic and Pb Ratio go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Pb Ratio
Most indicators from Greenchek Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greenchek Technology 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 Greenchek Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more information on how to buy Greenchek Stock please use our How to buy in Greenchek Stock guide.Selling General Administrative is expected to rise to about 175.3 K this year, although the value of Discontinued Operations will most likely fall to (45.4 K).
| 2010 | 2023 | 2024 (projected) | Non Recurring | 3.1M | 2.8M | 2.5M | Other Operating Expenses | 20.4K | 18.4K | 16.3K |
Greenchek Technology fundamental ratios Correlations
Click cells to compare fundamentals
Greenchek Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenchek Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more information on how to buy Greenchek Stock please use our How to buy in Greenchek Stock guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenchek Technology. If investors know Greenchek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenchek Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (4.98) |
The market value of Greenchek Technology is measured differently than its book value, which is the value of Greenchek that is recorded on the company's balance sheet. Investors also form their own opinion of Greenchek Technology's value that differs from its market value or its book value, called intrinsic value, which is Greenchek Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenchek Technology's market value can be influenced by many factors that don't directly affect Greenchek Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenchek Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenchek Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenchek Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.