Gladstone Pocfratio vs Roic Analysis

GAINZ Stock  USD 23.20  0.04  0.17%   
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 Pocfratio and its Roic 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.

Pocfratio vs Roic

JavaScript chart by amCharts 3.21.15201420162018202020222024-100-90-80-70-60-50-40-30-20-100102030405060 -0.06-0.04-0.0200.020.040.060.080.100.120.140.160.180.20
JavaScript chart by amCharts 3.21.15Pocfratiototal: -58.3882631957754Roictotal: 0.6385143092235732

Pocfratio vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gladstone Investment Pocfratio account and Roic. At this time, the significance of the direction appears to have almost no relationship.
PocfratioRoicDiversified AwayPocfratioRoicDiversified Away100%
The correlation between Gladstone Investment's Pocfratio and Roic is 0.15. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Roic 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 Pocfratio and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pocfratio of Gladstone Investment are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Pocfratio i.e., Gladstone Investment's Pocfratio and Roic go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Pocfratio

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

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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.

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Recommendations on macroaxis.com are based on what is currently trending. Macroaxis LLC is not a registered investment advisor or broker/dealer. The information on the site should be used for informational purposes only and is not investment advice. more
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