GEOS Stock | | | USD 11.27 2.35 17.25% |
Geospace Technologies financial indicator trend analysis is much more than just examining Geospace Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Geospace Technologies is a good investment. Please check the relationship between Geospace Technologies Ebitda and its Ebit accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Geospace Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Geospace Stock please use our
How to Invest in Geospace Technologies guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Geospace Technologies Ebitda account and
Ebit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Geospace Technologies' Ebitda and Ebit is 0.98. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Ebit in the same time period over historical financial statements of Geospace Technologies, assuming nothing else is changed. The correlation between historical values of Geospace Technologies' Ebitda and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Geospace Technologies are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Ebitda i.e., Geospace Technologies' Ebitda and Ebit go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Most indicators from Geospace Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Geospace Technologies 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 Geospace Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Geospace Stock please use our
How to Invest in Geospace Technologies guide.At this time, Geospace Technologies'
Tax Provision is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 21.26 in 2024, whereas
Selling General Administrative is likely to drop slightly above 19.6
M in 2024.
When running Geospace Technologies' price analysis, check to
measure Geospace Technologies' 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 Geospace Technologies is operating at the current time. Most of Geospace Technologies' value examination focuses on studying past and present price action to
predict the probability of Geospace Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Geospace Technologies' price. Additionally, you may evaluate how the addition of Geospace Technologies to your portfolios can decrease your overall portfolio volatility.