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 Property Plant Equipment and its Other Stockholder Equity 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.
Property Plant Equipment vs Other Stockholder Equity
Property Plant Equipment vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
General Insuranceof Property Plant Equipment account and
Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between General Insuranceof's Property Plant Equipment and Other Stockholder Equity is -0.21. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Other Stockholder Equity 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 Property Plant Equipment and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of General Insurance are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Property Plant Equipment i.e., General Insuranceof's Property Plant Equipment and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant Equipment
Other Stockholder Equity
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.