GRVY Stock | | | USD 65.94 0.39 0.59% |
Gravity financial indicator trend analysis is much more than just examining Gravity latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gravity is a good investment. Please check the relationship between Gravity Operating Profit Margin and its Pretax Profit Margin accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gravity Co. 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.
Operating Profit Margin vs Pretax Profit Margin
Operating Profit Margin vs Pretax Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gravity Operating Profit Margin account and
Pretax Profit Margin. At this time, the significance of the direction appears to have weak relationship.
The correlation between Gravity's Operating Profit Margin and Pretax Profit Margin is 0.33. Overlapping area represents the amount of variation of Operating Profit Margin that can explain the historical movement of Pretax Profit Margin in the same time period over historical financial statements of Gravity Co, assuming nothing else is changed. The correlation between historical values of Gravity's Operating Profit Margin and Pretax Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Profit Margin of Gravity Co are associated (or correlated) with its Pretax Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pretax Profit Margin has no effect on the direction of Operating Profit Margin i.e., Gravity's Operating Profit Margin and Pretax Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Operating Profit Margin
Pretax Profit Margin
Most indicators from Gravity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gravity 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 Gravity Co. 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.
At this time, Gravity's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 39.1
B in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.06 in 2024.
Gravity fundamental ratios Correlations
Click cells to compare fundamentals
Gravity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gravity fundamental ratios Accounts
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Additional Tools for Gravity Stock Analysis
When running Gravity's price analysis, check to
measure Gravity'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 Gravity is operating at the current time. Most of Gravity's value examination focuses on studying past and present price action to
predict the probability of Gravity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gravity's price. Additionally, you may evaluate how the addition of Gravity to your portfolios can decrease your overall portfolio volatility.