Goldenstone Tangible Book Value Per Share vs Graham Number Analysis
GDST Stock | USD 11.20 0.00 0.00% |
Goldenstone Acquisition financial indicator trend analysis is much more than just examining Goldenstone Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goldenstone Acquisition is a good investment. Please check the relationship between Goldenstone Acquisition Tangible Book Value Per Share and its Graham Number accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldenstone Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Goldenstone Stock please use our How to Invest in Goldenstone Acquisition guide.
Tangible Book Value Per Share vs Graham Number
Tangible Book Value Per Share vs Graham Number Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldenstone Acquisition Tangible Book Value Per Share account and Graham Number. At this time, the significance of the direction appears to have strong relationship.
The correlation between Goldenstone Acquisition's Tangible Book Value Per Share and Graham Number is 0.69. Overlapping area represents the amount of variation of Tangible Book Value Per Share that can explain the historical movement of Graham Number in the same time period over historical financial statements of Goldenstone Acquisition, assuming nothing else is changed. The correlation between historical values of Goldenstone Acquisition's Tangible Book Value Per Share and Graham Number is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tangible Book Value Per Share of Goldenstone Acquisition are associated (or correlated) with its Graham Number. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Graham Number has no effect on the direction of Tangible Book Value Per Share i.e., Goldenstone Acquisition's Tangible Book Value Per Share and Graham Number go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Tangible Book Value Per Share
Graham Number
Most indicators from Goldenstone Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goldenstone Acquisition 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 Goldenstone Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Goldenstone Stock please use our How to Invest in Goldenstone Acquisition guide.At this time, Goldenstone Acquisition's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 38.48 in 2024, whereas Tax Provision is likely to drop slightly above 336.5 K in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Interest Income | 2.2K | 1.5M | 2.9M | 1.6M | Net Interest Income | 2.2K | 1.5M | 2.9M | 1.6M |
Goldenstone Acquisition fundamental ratios Correlations
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Goldenstone Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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When running Goldenstone Acquisition's price analysis, check to measure Goldenstone Acquisition'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 Goldenstone Acquisition is operating at the current time. Most of Goldenstone Acquisition's value examination focuses on studying past and present price action to predict the probability of Goldenstone Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldenstone Acquisition's price. Additionally, you may evaluate how the addition of Goldenstone Acquisition to your portfolios can decrease your overall portfolio volatility.