| GO2 Stock | | | 0.67 0.00 0.00% |
GO2 People financial indicator trend analysis is much more than just examining GO2 People latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GO2 People is a good investment. Please check the relationship between GO2 People Total Assets and its Cash accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GO2 People. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Assets vs Cash
Total Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GO2 People Total Assets account and
Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between GO2 People's Total Assets and Cash is 0.21. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash in the same time period over historical financial statements of GO2 People, assuming nothing else is changed. The correlation between historical values of GO2 People's Total Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of GO2 People are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Assets i.e., GO2 People's Total Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.21 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of GO2 People assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in GO2 People books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Cash
Cash refers to the most liquid asset of GO2 People, which is listed under current asset account on GO2 People balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from GO2 People customers. The amounts must be unrestricted with restricted cash listed in a different GO2 People account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from GO2 People's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GO2 People 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 GO2 People. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 863.2
K in 2024.
Issuance Of Capital Stock is likely to drop to about 229
K in 2024
GO2 People fundamental ratios Correlations
Click cells to compare fundamentals
GO2 People Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GO2 People 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 GO2 Stock Analysis
When running GO2 People's price analysis, check to
measure GO2 People'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 GO2 People is operating at the current time. Most of GO2 People's value examination focuses on studying past and present price action to
predict the probability of GO2 People's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GO2 People's price. Additionally, you may evaluate how the addition of GO2 People to your portfolios can decrease your overall portfolio volatility.