GPIL Stock | | | 233.40 2.20 0.93% |
Godawari Power financial indicator trend analysis is much more than just examining Godawari Power And latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Godawari Power And is a good investment. Please check the relationship between Godawari Power Net Interest Income and its Net Income From Continuing Ops accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godawari Power And. 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.
Net Interest Income vs Net Income From Continuing Ops
Net Interest Income vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Godawari Power And Net Interest Income account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Godawari Power's Net Interest Income and Net Income From Continuing Ops is 0.94. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Godawari Power And, assuming nothing else is changed. The correlation between historical values of Godawari Power's Net Interest Income and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Godawari Power And are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Net Interest Income i.e., Godawari Power's Net Interest Income and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Net Income From Continuing Ops
Most indicators from Godawari Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Godawari Power And 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 Godawari Power And. 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 gain to about 186.6
M in 2024, whereas
Tax Provision is likely to drop slightly above 1.9
B in 2024.
Godawari Power fundamental ratios Correlations
Click cells to compare fundamentals
Godawari Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Godawari Power fundamental ratios Accounts
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predict the probability of Godawari Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Godawari Power's price. Additionally, you may evaluate how the addition of Godawari Power to your portfolios can decrease your overall portfolio volatility.