| 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 Total Current Assets and its Common Stock Total Equity 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.
Total Current Assets vs Common Stock Total Equity
Total Current Assets vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GDI Property Group Total Current Assets account and
Common Stock Total Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between GDI Property's Total Current Assets and Common Stock Total Equity is -0.05. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock Total Equity 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 Total Current Assets and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of GDI Property Group are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Current Assets i.e., GDI Property's Total Current Assets and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.05 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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.
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
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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.