GHRS Cash And Short Term Investments vs Capital Stock Analysis

GHRS Stock  USD 9.27  0.35  3.64%   
GH Research financial indicator trend analysis is much more than just examining GH Research PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GH Research PLC is a good investment. Please check the relationship between GH Research Cash And Short Term Investments and its Capital Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GH Research 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 metropolitan statistical area.

Cash And Short Term Investments vs Capital Stock

Cash And Short Term Investments vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GH Research PLC Cash And Short Term Investments account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between GH Research's Cash And Short Term Investments and Capital Stock is 0.92. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Capital Stock in the same time period over historical financial statements of GH Research PLC, assuming nothing else is changed. The correlation between historical values of GH Research's Cash And Short Term Investments and Capital Stock 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 GH Research PLC are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Cash And Short Term Investments i.e., GH Research's Cash And Short Term Investments and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of GH Research PLC balance sheet. This account contains GH Research investments that will expire within one year. These investments include stocks and bonds that can be liquidated by GH Research PLC 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.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from GH Research's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GH Research 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 GH Research 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 metropolitan statistical area.
Selling General Administrative is likely to drop to about 6.2 M in 2024. Issuance Of Capital Stock is likely to drop to about 14.2 K in 2024

GH Research fundamental ratios Correlations

0.960.841.00.99-0.92-0.730.760.930.98-0.950.881.01.00.821.00.980.960.980.960.760.50.520.7-0.440.51
0.960.910.960.97-0.78-0.840.860.790.89-0.940.870.950.980.90.960.890.990.890.990.850.260.640.86-0.520.66
0.840.910.840.85-0.59-0.980.990.650.77-0.950.730.840.881.00.840.770.920.770.920.990.060.870.92-0.820.82
1.00.960.840.99-0.92-0.720.760.930.98-0.950.881.00.990.821.00.980.960.980.960.750.50.510.69-0.440.51
0.990.970.850.99-0.88-0.750.780.880.96-0.930.840.991.00.830.990.960.980.960.980.770.460.550.75-0.430.59
-0.92-0.78-0.59-0.92-0.880.42-0.48-0.99-0.960.81-0.8-0.93-0.88-0.56-0.92-0.96-0.79-0.96-0.79-0.48-0.77-0.2-0.360.19-0.18
-0.73-0.84-0.98-0.72-0.750.42-1.0-0.48-0.640.87-0.6-0.72-0.78-0.99-0.72-0.64-0.86-0.63-0.86-1.00.1-0.94-0.960.87-0.9
0.760.860.990.760.78-0.48-1.00.540.68-0.90.640.750.80.990.760.680.870.680.871.0-0.040.930.94-0.880.87
0.930.790.650.930.88-0.99-0.480.540.97-0.850.80.940.890.620.930.970.810.970.810.540.740.280.39-0.280.23
0.980.890.770.980.96-0.96-0.640.680.97-0.920.80.990.960.750.981.00.921.00.920.680.650.450.58-0.40.44
-0.95-0.94-0.95-0.95-0.930.810.87-0.9-0.85-0.92-0.83-0.95-0.95-0.94-0.95-0.92-0.95-0.91-0.95-0.9-0.34-0.71-0.780.69-0.64
0.880.870.730.880.84-0.8-0.60.640.80.8-0.830.860.870.70.880.80.80.80.80.620.250.310.61-0.290.26
1.00.950.841.00.99-0.93-0.720.750.940.99-0.950.860.990.821.00.990.960.980.960.750.530.510.68-0.440.51
1.00.980.880.991.0-0.88-0.780.80.890.96-0.950.870.990.860.990.960.980.960.980.80.430.570.76-0.480.58
0.820.91.00.820.83-0.56-0.990.990.620.75-0.940.70.820.860.820.750.910.750.910.990.040.890.92-0.840.84
1.00.960.841.00.99-0.92-0.720.760.930.98-0.950.881.00.990.820.980.960.980.960.750.50.510.69-0.440.51
0.980.890.770.980.96-0.96-0.640.680.971.0-0.920.80.990.960.750.980.921.00.920.680.650.460.58-0.40.45
0.960.990.920.960.98-0.79-0.860.870.810.92-0.950.80.960.980.910.960.920.911.00.870.330.690.85-0.570.71
0.980.890.770.980.96-0.96-0.630.680.971.0-0.910.80.980.960.750.981.00.910.910.680.660.450.57-0.40.44
0.960.990.920.960.98-0.79-0.860.870.810.92-0.950.80.960.980.910.960.921.00.910.870.330.690.85-0.570.71
0.760.850.990.750.77-0.48-1.01.00.540.68-0.90.620.750.80.990.750.680.870.680.87-0.030.940.93-0.880.88
0.50.260.060.50.46-0.770.1-0.040.740.65-0.340.250.530.430.040.50.650.330.660.33-0.03-0.18-0.20.16-0.17
0.520.640.870.510.55-0.2-0.940.930.280.45-0.710.310.510.570.890.510.460.690.450.690.94-0.180.86-0.950.95
0.70.860.920.690.75-0.36-0.960.940.390.58-0.780.610.680.760.920.690.580.850.570.850.93-0.20.86-0.720.9
-0.44-0.52-0.82-0.44-0.430.190.87-0.88-0.28-0.40.69-0.29-0.44-0.48-0.84-0.44-0.4-0.57-0.4-0.57-0.880.16-0.95-0.72-0.8
0.510.660.820.510.59-0.18-0.90.870.230.44-0.640.260.510.580.840.510.450.710.440.710.88-0.170.950.9-0.8
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GH Research Account Relationship Matchups

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Additional Tools for GHRS Stock Analysis

When running GH Research's price analysis, check to measure GH Research'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 GH Research is operating at the current time. Most of GH Research's value examination focuses on studying past and present price action to predict the probability of GH Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GH Research's price. Additionally, you may evaluate how the addition of GH Research to your portfolios can decrease your overall portfolio volatility.