Gladstone Cash Per Share vs Days Sales Outstanding Analysis
GAINZ Stock | USD 23.42 0.07 0.30% |
Gladstone Investment financial indicator trend analysis is much more than just examining Gladstone Investment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gladstone Investment is a good investment. Please check the relationship between Gladstone Investment Cash Per Share and its Days Sales Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gladstone 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 Gladstone Stock please use our How to Invest in Gladstone Investment guide.
Cash Per Share vs Days Sales Outstanding
Cash Per Share vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gladstone Investment Cash Per Share account and Days Sales Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Gladstone Investment's Cash Per Share and Days Sales Outstanding is -0.16. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Gladstone Investment, assuming nothing else is changed. The correlation between historical values of Gladstone Investment's Cash Per Share and Days Sales 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 Per Share of Gladstone Investment are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Cash Per Share i.e., Gladstone Investment's Cash Per Share and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash Per Share
Days Sales Outstanding
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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 Gladstone Stock Analysis
When running Gladstone Investment's price analysis, check to measure Gladstone 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 Gladstone Investment is operating at the current time. Most of Gladstone Investment's value examination focuses on studying past and present price action to predict the probability of Gladstone 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 Gladstone Investment's price. Additionally, you may evaluate how the addition of Gladstone Investment to your portfolios can decrease your overall portfolio volatility.