GDI Stock | | | 0.60 0.01 1.69% |
GDI Property financial indicator trend analysis is much more than just examining GDI Property Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GDI Property Group is a good investment. Please check the relationship between GDI Property Depreciation And Amortization and its Total Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GDI Property Group. 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.
Depreciation And Amortization vs Total Revenue
Depreciation And Amortization vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GDI Property Group Depreciation And Amortization account and
Total Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between GDI Property's Depreciation And Amortization and Total Revenue is 0.13. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Revenue in the same time period over historical financial statements of GDI Property Group, assuming nothing else is changed. The correlation between historical values of GDI Property's Depreciation And Amortization and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of GDI Property Group are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Depreciation And Amortization i.e., GDI Property's Depreciation And Amortization and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Total Revenue
Total revenue comprises all receipts GDI Property Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from GDI Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GDI Property Group 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 GDI Property Group. 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.
Tax Provision is likely to gain to about 227
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 7.3
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 7.2M | 33.1M | 34.8M | 36.0M | Total Revenue | 44.2M | 62.5M | 69.1M | 60.8M |
GDI Property fundamental ratios Correlations
Click cells to compare fundamentals
GDI Property Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GDI Property fundamental ratios Accounts
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Additional Tools for GDI Stock Analysis
When running GDI Property's price analysis, check to
measure GDI Property's 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 GDI Property is operating at the current time. Most of GDI Property's value examination focuses on studying past and present price action to
predict the probability of GDI Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GDI Property's price. Additionally, you may evaluate how the addition of GDI Property to your portfolios can decrease your overall portfolio volatility.