| ISGI Stock | | | CAD 0.03 0.01 25.00% |
InsuraGuest Technologies financial indicator trend analysis is infinitely more than just investigating InsuraGuest Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InsuraGuest Technologies is a good investment. Please check the relationship between InsuraGuest Technologies Ptb Ratio and its Invested Capital accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InsuraGuest Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Ptb Ratio vs Invested Capital
Ptb Ratio vs Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
InsuraGuest Technologies Ptb Ratio account and
Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between InsuraGuest Technologies' Ptb Ratio and Invested Capital is -0.3. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Invested Capital in the same time period over historical financial statements of InsuraGuest Technologies, assuming nothing else is changed. The correlation between historical values of InsuraGuest Technologies' Ptb Ratio and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of InsuraGuest Technologies are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Ptb Ratio i.e., InsuraGuest Technologies' Ptb Ratio and Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.3 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to InsuraGuest Technologies. There are two different methods for calculating InsuraGuest Technologies invested capital: operating approach and financing approach. Understanding InsuraGuest Technologies invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.
Most indicators from InsuraGuest Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InsuraGuest Technologies 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 InsuraGuest Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Selling General Administrative is likely to climb to about 1.4
M in 2024, despite the fact that
Issuance Of Capital Stock is likely to grow to (37.2
K).
InsuraGuest Technologies fundamental ratios Correlations
Click cells to compare fundamentals
InsuraGuest Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
InsuraGuest Technologies fundamental ratios Accounts
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Additional Tools for InsuraGuest Stock Analysis
When running InsuraGuest Technologies' price analysis, check to
measure InsuraGuest Technologies' 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 InsuraGuest Technologies is operating at the current time. Most of InsuraGuest Technologies' value examination focuses on studying past and present price action to
predict the probability of InsuraGuest Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InsuraGuest Technologies' price. Additionally, you may evaluate how the addition of InsuraGuest Technologies to your portfolios can decrease your overall portfolio volatility.