IGG Stock | | | 947.50 13.00 1.39% |
IG Group financial indicator trend analysis is infinitely more than just investigating IG Group Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IG Group Holdings is a good investment. Please check the relationship between IG Group Other Assets and its Other Liab accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IG Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Other Assets vs Other Liab
Other Assets vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
IG Group Holdings Other Assets account and
Other Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between IG Group's Other Assets and Other Liab is -0.06. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of IG Group Holdings, assuming nothing else is changed. The correlation between historical values of IG Group's Other Assets and Other Liab 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 IG Group Holdings are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Other Assets i.e., IG Group's Other Assets and Other Liab go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Assets
Other Liab
Most indicators from IG Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IG Group Holdings 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 IG Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Issuance Of Capital Stock is expected to grow to about 17.6
M, whereas
Selling General Administrative is forecasted to decline to about 10.1
M.
IG Group fundamental ratios Correlations
Click cells to compare fundamentals
IG Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IG Group fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in IGG Stock
Balance Sheet is a snapshot of the
financial position of IG Group Holdings at a specified time, usually calculated after every quarter, six months, or one year. IG Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of IG Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which IGG currently owns. An asset can also be divided into two categories, current and non-current.