CREDITACC | | | 999.55 29.55 2.87% |
CREDITACCESS GRAMEEN financial indicator trend analysis is way more than just evaluating CREDITACCESS GRAMEEN prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CREDITACCESS GRAMEEN is a good investment. Please check the relationship between CREDITACCESS GRAMEEN Other Non Cash Items and its Change To Operating Activities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CREDITACCESS GRAMEEN LIMITED. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CREDITACCESS GRAMEEN Other Non Cash Items account and
Change To Operating Activities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between CREDITACCESS GRAMEEN's Other Non Cash Items and Change To Operating Activities is 0.13. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of CREDITACCESS GRAMEEN LIMITED, assuming nothing else is changed. The correlation between historical values of CREDITACCESS GRAMEEN's Other Non Cash Items and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of CREDITACCESS GRAMEEN LIMITED are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Other Non Cash Items i.e., CREDITACCESS GRAMEEN's Other Non Cash Items and Change To Operating Activities go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Most indicators from CREDITACCESS GRAMEEN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CREDITACCESS GRAMEEN 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 CREDITACCESS GRAMEEN LIMITED. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
At present, CREDITACCESS GRAMEEN's
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 6
B, whereas
Issuance Of Capital Stock is forecasted to decline to about 128.8
M.
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.
Balance Sheet is a snapshot of the
financial position of CREDITACCESS GRAMEEN at a specified time, usually calculated after every quarter, six months, or one year. CREDITACCESS GRAMEEN Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CREDITACCESS GRAMEEN 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 CREDITACCESS currently owns. An asset can also be divided into two categories, current and non-current.