GESHIP Stock | | | 1,101 2.25 0.20% |
Great Eastern financial indicator trend analysis is much more than just examining Great Eastern latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Eastern is a good investment. Please check the relationship between Great Eastern Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Great Eastern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Cash And Short Term Investments vs Non Currrent Assets Other
Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Great Eastern Cash And Short Term Investments account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have very week relationship.
The correlation between Great Eastern's Cash And Short Term Investments and Non Currrent Assets Other is 0.22. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of The Great Eastern, assuming nothing else is changed. The correlation between historical values of Great Eastern's Cash And Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of The Great Eastern are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., Great Eastern's Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Great Eastern balance sheet. This account contains Great Eastern investments that will expire within one year. These investments include stocks and bonds that can be liquidated by The Great Eastern fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Great Eastern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Eastern 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 The Great Eastern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
As of December 1, 2024,
Selling General Administrative is expected to decline to about 780.2
M. In addition to that,
Tax Provision is expected to decline to about 614.3
MGreat Eastern fundamental ratios Correlations
Click cells to compare fundamentals
Great Eastern Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Great Eastern fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Great Stock
Balance Sheet is a snapshot of the
financial position of Great Eastern at a specified time, usually calculated after every quarter, six months, or one year. Great Eastern Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Great Eastern and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Great currently owns. An asset can also be divided into two categories, current and non-current.