| PE1 Stock | | | 1.23 0.10 8.85% |
Pengana Private financial indicator trend analysis is much more than just breaking down Pengana Private Equity prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pengana Private Equity is a good investment. Please check the relationship between Pengana Private Cash and its Net Invested Capital accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pengana Private Equity. 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.
Cash vs Net Invested Capital
Cash vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pengana Private Equity Cash account and
Net Invested Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Pengana Private's Cash and Net Invested Capital is 0.16. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Pengana Private Equity, assuming nothing else is changed. The correlation between historical values of Pengana Private's Cash and Net 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 Cash of Pengana Private Equity are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash i.e., Pengana Private's Cash and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.16 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Pengana Private Equity, which is listed under current asset account on Pengana Private Equity balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Pengana Private customers. The amounts must be unrestricted with restricted cash listed in a different Pengana Private account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Pengana Private's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pengana Private Equity 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pengana Private Equity. 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.
Issuance Of Capital Stock is likely to gain to about 60.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.2
M in 2024.
Pengana Private fundamental ratios Correlations
Click cells to compare fundamentals
Pengana Private Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pengana Private fundamental ratios Accounts
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Additional Tools for Pengana Stock Analysis
When running Pengana Private's price analysis, check to
measure Pengana Private'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 Pengana Private is operating at the current time. Most of Pengana Private's value examination focuses on studying past and present price action to
predict the probability of Pengana Private's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pengana Private's price. Additionally, you may evaluate how the addition of Pengana Private to your portfolios can decrease your overall portfolio volatility.