GICRE Stock | | | 397.65 1.75 0.44% |
General Insuranceof financial indicator trend analysis is much more than just examining General Insuranceof latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether General Insuranceof is a good investment. Please check the relationship between General Insuranceof Other Assets and its Short Term Investments accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Other Assets vs Short Term Investments
Other Assets vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
General Insuranceof Other Assets account and
Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between General Insuranceof's Other Assets and Short Term Investments is 0.02. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of General Insurance, assuming nothing else is changed. The correlation between historical values of General Insuranceof's Other Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of General Insurance are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Assets i.e., General Insuranceof's Other Assets and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Assets
Short Term Investments
Short Term Investments is an item under the current assets section of General Insuranceof balance sheet. It contains any investments General Insurance undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that General Insuranceof can easily liquidate in the marketplace.
Most indicators from General Insuranceof's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into General Insuranceof 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 General Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
As of the 28th of November 2024,
Selling General Administrative is likely to drop to about 147.3
M. In addition to that,
Tax Provision is likely to drop to about 9.8
BGeneral Insuranceof fundamental ratios Correlations
Click cells to compare fundamentals
General Insuranceof Account Relationship Matchups
High Positive Relationship
High Negative Relationship
General Insuranceof 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 General Stock
Balance Sheet is a snapshot of the
financial position of General Insuranceof at a specified time, usually calculated after every quarter, six months, or one year. General Insuranceof Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of General Insuranceof 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 General currently owns. An asset can also be divided into two categories, current and non-current.