GNTY Stock | | | USD 37.32 0.33 0.88% |
Guaranty Bancshares, financial indicator trend analysis is much more than just examining Guaranty Bancshares, latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guaranty Bancshares, is a good investment. Please check the relationship between Guaranty Bancshares, Earning Assets and its Total Current Assets accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guaranty Bancshares,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Guaranty Stock please use our
How to Invest in Guaranty Bancshares, guide.
Earning Assets vs Total Current Assets
Earning Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guaranty Bancshares, Earning Assets account and
Total Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Guaranty Bancshares,'s Earning Assets and Total Current Assets is 0.2. Overlapping area represents the amount of variation of Earning Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Guaranty Bancshares,, assuming nothing else is changed. The correlation between historical values of Guaranty Bancshares,'s Earning Assets and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Earning Assets of Guaranty Bancshares, are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Earning Assets i.e., Guaranty Bancshares,'s Earning Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Earning Assets
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Guaranty Bancshares,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guaranty Bancshares, 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 Guaranty Bancshares,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Guaranty Stock please use our
How to Invest in Guaranty Bancshares, guide.At this time, Guaranty Bancshares,'s
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to rise to 13.00 in 2024, whereas
Selling General Administrative is likely to drop slightly above 28.1
M in 2024.
Guaranty Bancshares, fundamental ratios Correlations
Click cells to compare fundamentals
Guaranty Bancshares, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guaranty Bancshares, 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.
Additional Tools for Guaranty Stock Analysis
When running Guaranty Bancshares,'s price analysis, check to
measure Guaranty Bancshares,'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 Guaranty Bancshares, is operating at the current time. Most of Guaranty Bancshares,'s value examination focuses on studying past and present price action to
predict the probability of Guaranty Bancshares,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guaranty Bancshares,'s price. Additionally, you may evaluate how the addition of Guaranty Bancshares, to your portfolios can decrease your overall portfolio volatility.