GMGT Stock | | | USD 0.0001 0.00 0.00% |
Gaming Technologies financial indicator trend analysis is much more than just examining Gaming Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gaming Technologies is a good investment. Please check the relationship between Gaming Technologies Pb Ratio and its Free Cash Flow Yield accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gaming Technologies Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Pb Ratio vs Free Cash Flow Yield
Pb Ratio vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gaming Technologies Pb Ratio account and
Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Gaming Technologies' Pb Ratio and Free Cash Flow Yield is 0.14. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Gaming Technologies Common, assuming nothing else is changed. The correlation between historical values of Gaming Technologies' Pb Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Gaming Technologies Common are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Pb Ratio i.e., Gaming Technologies' Pb Ratio and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Pb Ratio
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Gaming Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gaming Technologies 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 Gaming Technologies Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Enterprise Value is likely to gain to about 87.3
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 573.2
K in 2024.
Gaming Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Gaming Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gaming Technologies fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Gaming Stock Analysis
When running Gaming Technologies' price analysis, check to
measure Gaming Technologies' 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 Gaming Technologies is operating at the current time. Most of Gaming Technologies' value examination focuses on studying past and present price action to
predict the probability of Gaming Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gaming Technologies' price. Additionally, you may evaluate how the addition of Gaming Technologies to your portfolios can decrease your overall portfolio volatility.