GTN Stock | | | 0.44 0.01 2.22% |
Gtn financial indicator trend analysis is much more than just examining Gtn latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gtn is a good investment. Please check the relationship between Gtn Total Operating Expenses and its Total Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gtn. 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 Operating Expenses vs Total Revenue
Total Operating Expenses vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gtn Total Operating Expenses account and
Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gtn's Total Operating Expenses and Total Revenue is 0.47. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Gtn, assuming nothing else is changed. The correlation between historical values of Gtn's Total Operating Expenses and Total Revenue 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 Operating Expenses of Gtn are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Operating Expenses i.e., Gtn's Total Operating Expenses and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Total Revenue
Total revenue comprises all receipts Gtn generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Gtn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gtn 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 Gtn. 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.
Tax Provision is likely to gain to about 2.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 485.4
K in 2024.
Gtn fundamental ratios Correlations
Click cells to compare fundamentals
Gtn Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gtn fundamental ratios Accounts
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Additional Tools for Gtn Stock Analysis
When running Gtn's price analysis, check to
measure Gtn'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 Gtn is operating at the current time. Most of Gtn's value examination focuses on studying past and present price action to
predict the probability of Gtn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gtn's price. Additionally, you may evaluate how the addition of Gtn to your portfolios can decrease your overall portfolio volatility.