| 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 Non Currrent Assets Other and its Cash 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.
Non Currrent Assets Other vs Cash
Non Currrent Assets Other vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pengana Private Equity Non Currrent Assets Other account and
Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Pengana Private's Non Currrent Assets Other and Cash is -0.35. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash 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 Non Currrent Assets Other and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Pengana Private Equity are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Currrent Assets Other i.e., Pengana Private's Non Currrent Assets Other and Cash go up and down completely randomly.
Correlation Coefficient | -0.35 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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.
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
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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.