GalaxyCore financial indicator trend analysis is much more than just examining GalaxyCore latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GalaxyCore is a good investment. Please check the relationship between GalaxyCore Cash and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GalaxyCore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GalaxyCore Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between GalaxyCore's Cash and Common Stock Shares Outstanding is 0.8. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of GalaxyCore, assuming nothing else is changed. The correlation between historical values of GalaxyCore's Cash and Common Stock Shares Outstanding 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 GalaxyCore are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., GalaxyCore's Cash and Common Stock Shares Outstanding go up and down completely randomly.
Cash refers to the most liquid asset of GalaxyCore, which is listed under current asset account on GalaxyCore balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from GalaxyCore customers. The amounts must be unrestricted with restricted cash listed in a different GalaxyCore 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.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from GalaxyCore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GalaxyCore 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in GalaxyCore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Other Information on Investing in GalaxyCore Stock
Balance Sheet is a snapshot of the financial position of GalaxyCore at a specified time, usually calculated after every quarter, six months, or one year. GalaxyCore Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GalaxyCore and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which GalaxyCore currently owns. An asset can also be divided into two categories, current and non-current.