Vraj Cash And Short Term Investments vs Inventory Analysis
VRAJ Stock | 217.80 2.74 1.27% |
Vraj Iron financial indicator trend analysis is much more than just breaking down Vraj Iron prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vraj Iron is a good investment. Please check the relationship between Vraj Iron Cash And Short Term Investments and its Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vraj Iron and. 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 And Short Term Investments vs Inventory
Cash And Short Term Investments vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vraj Iron Cash And Short Term Investments account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Vraj Iron's Cash And Short Term Investments and Inventory is 0.68. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of Vraj Iron and, assuming nothing else is changed. The correlation between historical values of Vraj Iron's Cash And Short Term Investments and Inventory 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 And Short Term Investments of Vraj Iron and are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash And Short Term Investments i.e., Vraj Iron's Cash And Short Term Investments and Inventory go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Vraj Iron balance sheet. This account contains Vraj Iron investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Vraj Iron and fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Inventory
Most indicators from Vraj Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vraj Iron 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Vraj Iron and. 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. Selling General Administrative is likely to gain to about 95.3 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 446.7M | 749.2M | 1.4B | 1.4B | Total Revenue | 4.1B | 5.2B | 4.2B | 3.9B |
Vraj Iron fundamental ratios Correlations
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Vraj Iron Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Additional Tools for Vraj Stock Analysis
When running Vraj Iron's price analysis, check to measure Vraj Iron'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 Vraj Iron is operating at the current time. Most of Vraj Iron's value examination focuses on studying past and present price action to predict the probability of Vraj Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vraj Iron's price. Additionally, you may evaluate how the addition of Vraj Iron to your portfolios can decrease your overall portfolio volatility.