GFIN Stock | | | 0.03 0.0001 0.36% |
Gfinity PLC financial indicator trend analysis is much more than just examining Gfinity PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gfinity PLC is a good investment. Please check the relationship between Gfinity PLC Retained Earnings and its Common Stock Shares Outstanding accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gfinity PLC. 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.
Retained Earnings vs Common Stock Shares Outstanding
Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gfinity PLC Retained Earnings account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gfinity PLC's Retained Earnings and Common Stock Shares Outstanding is -0.29. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Gfinity PLC, assuming nothing else is changed. The correlation between historical values of Gfinity PLC's Retained Earnings and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Gfinity PLC are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Retained Earnings i.e., Gfinity PLC's Retained Earnings and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Gfinity PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gfinity PLC 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 Gfinity PLC. 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.
Selling General Administrative is likely to drop to about 2.9
M in 2024.
Tax Provision is likely to gain to about (833.5
K) in 2024
Gfinity PLC fundamental ratios Correlations
Click cells to compare fundamentals
Gfinity PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gfinity PLC fundamental ratios Accounts
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Additional Tools for Gfinity Stock Analysis
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measure Gfinity PLC'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 Gfinity PLC is operating at the current time. Most of Gfinity PLC's value examination focuses on studying past and present price action to
predict the probability of Gfinity PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gfinity PLC's price. Additionally, you may evaluate how the addition of Gfinity PLC to your portfolios can decrease your overall portfolio volatility.