Global Common Stock Shares Outstanding vs Capital Stock Analysis
| GLACU Stock | USD 10.80 0.08 0.75% |
Global Lights financial indicator trend analysis is much more than just examining Global Lights Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Lights Acquisition is a good investment. Please check the relationship between Global Lights Common Stock Shares Outstanding and its Capital Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Lights Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Common Stock Shares Outstanding vs Capital Stock
Common Stock Shares Outstanding vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Lights Acquisition Common Stock Shares Outstanding account and Capital Stock. At this time, the significance of the direction appears to have weak relationship.
The correlation between Global Lights' Common Stock Shares Outstanding and Capital Stock is 0.36. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Global Lights Acquisition, assuming nothing else is changed. The correlation between historical values of Global Lights' Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of Global Lights Acquisition 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 Common Stock Shares Outstanding i.e., Global Lights' Common Stock Shares Outstanding and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.36 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most indicators from Global Lights' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Lights Acquisition 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 Global Lights Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Global Lights' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 41.59 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 39.9 M in 2024.
Global Lights fundamental ratios Correlations
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Global Lights Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Global Lights' price analysis, check to measure Global Lights' 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 Global Lights is operating at the current time. Most of Global Lights' value examination focuses on studying past and present price action to predict the probability of Global Lights' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Lights' price. Additionally, you may evaluate how the addition of Global Lights to your portfolios can decrease your overall portfolio volatility.