GTY Stock | | | USD 32.55 0.15 0.46% |
Getty Realty financial indicator trend analysis is much more than just examining Getty Realty latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Getty Realty is a good investment. Please check the relationship between Getty Realty Net Tangible Assets and its Long Term Investments accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Getty Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Getty Stock please use our
How to Invest in Getty Realty guide.
Net Tangible Assets vs Long Term Investments
Net Tangible Assets vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Getty Realty Net Tangible Assets account and
Long Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Getty Realty's Net Tangible Assets and Long Term Investments is -0.93. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Getty Realty, assuming nothing else is changed. The correlation between historical values of Getty Realty's Net Tangible Assets and Long Term Investments 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 Tangible Assets of Getty Realty are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Tangible Assets i.e., Getty Realty's Net Tangible Assets and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.93 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Long Term Investments
Long Term Investments is an item on the asset side of Getty Realty balance sheet that represents investments Getty Realty intends to hold for over a year. Getty Realty long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Getty Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Getty Realty 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 Getty Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Getty Stock please use our
How to Invest in Getty Realty guide.At this time, Getty Realty's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 1.9
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 13.5
M in 2024.
Getty Realty fundamental ratios Correlations
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Getty Realty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Getty Realty fundamental ratios Accounts
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Additional Tools for Getty Stock Analysis
When running Getty Realty's price analysis, check to
measure Getty Realty'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 Getty Realty is operating at the current time. Most of Getty Realty's value examination focuses on studying past and present price action to
predict the probability of Getty Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Getty Realty's price. Additionally, you may evaluate how the addition of Getty Realty to your portfolios can decrease your overall portfolio volatility.