GOVX Stock | | | USD 2.95 0.25 9.26% |
GeoVax Labs financial indicator trend analysis is much more than just examining GeoVax Labs latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GeoVax Labs is a good investment. Please check the relationship between GeoVax Labs Other Assets and its Cash accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GeoVax Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy GeoVax Stock please use our
How to Invest in GeoVax Labs guide.
Other Assets vs Cash
Other Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GeoVax Labs Other Assets account and
Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between GeoVax Labs' Other Assets and Cash is 0.48. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash in the same time period over historical financial statements of GeoVax Labs, assuming nothing else is changed. The correlation between historical values of GeoVax Labs' Other 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 Other Assets of GeoVax Labs 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 Other Assets i.e., GeoVax Labs' Other Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Assets
Cash
Cash refers to the most liquid asset of GeoVax Labs, which is listed under current asset account on GeoVax Labs balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from GeoVax Labs customers. The amounts must be unrestricted with restricted cash listed in a different GeoVax Labs 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 GeoVax Labs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GeoVax Labs 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 GeoVax Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy GeoVax Stock please use our
How to Invest in GeoVax Labs guide.
Selling General Administrative is likely to drop to about 5.7
M in 2024.
Issuance Of Capital Stock is expected to grow at the current pace this year
GeoVax Labs fundamental ratios Correlations
Click cells to compare fundamentals
GeoVax Labs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GeoVax Labs fundamental ratios Accounts
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Additional Tools for GeoVax Stock Analysis
When running GeoVax Labs' price analysis, check to
measure GeoVax Labs' 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 GeoVax Labs is operating at the current time. Most of GeoVax Labs' value examination focuses on studying past and present price action to
predict the probability of GeoVax Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GeoVax Labs' price. Additionally, you may evaluate how the addition of GeoVax Labs to your portfolios can decrease your overall portfolio volatility.