PNNT Stock | | | USD 6.94 0.03 0.43% |
PennantPark Investment financial indicator trend analysis is much more than just breaking down PennantPark Investment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PennantPark Investment is a good investment. Please check the relationship between PennantPark Investment Ebit and its Selling General Administrative accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennantPark Investment. 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.
For more information on how to buy PennantPark Stock please use our
How to Invest in PennantPark Investment guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PennantPark Investment Ebit account and
Selling General Administrative. At this time, the significance of the direction appears to have no relationship.
The correlation between PennantPark Investment's Ebit and Selling General Administrative is 0.02. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of PennantPark Investment, assuming nothing else is changed. The correlation between historical values of PennantPark Investment's Ebit and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of PennantPark Investment are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Ebit i.e., PennantPark Investment's Ebit and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Most indicators from PennantPark Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PennantPark Investment 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 PennantPark Investment. 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.
For more information on how to buy PennantPark Stock please use our
How to Invest in PennantPark Investment guide.At this time, PennantPark Investment's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.23 in 2024, whereas Selling General Administrative is likely to drop slightly above 5.7
M in 2024.
When running PennantPark Investment's price analysis, check to
measure PennantPark Investment'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 PennantPark Investment is operating at the current time. Most of PennantPark Investment's value examination focuses on studying past and present price action to
predict the probability of PennantPark Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennantPark Investment's price. Additionally, you may evaluate how the addition of PennantPark Investment to your portfolios can decrease your overall portfolio volatility.