GBX Stock | | | USD 68.10 0.06 0.09% |
Greenbrier Companies financial indicator trend analysis is much more than just examining Greenbrier Companies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenbrier Companies is a good investment. Please check the relationship between Greenbrier Companies Short Term Investments and its Common Stock accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenbrier Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy Greenbrier Stock please use our
How to Invest in Greenbrier Companies guide.
Short Term Investments vs Common Stock
Short Term Investments vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Greenbrier Companies Short Term Investments account and
Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Greenbrier Companies' Short Term Investments and Common Stock is -0.41. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock in the same time period over historical financial statements of Greenbrier Companies, assuming nothing else is changed. The correlation between historical values of Greenbrier Companies' Short Term Investments and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Greenbrier Companies are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Term Investments i.e., Greenbrier Companies' Short Term Investments and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Greenbrier Companies balance sheet. It contains any investments Greenbrier Companies undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Greenbrier Companies can easily liquidate in the marketplace.
Common Stock
Most indicators from Greenbrier Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greenbrier Companies 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenbrier Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy Greenbrier Stock please use our
How to Invest in Greenbrier Companies guide.At this time, Greenbrier Companies'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 7.15 in 2024, whereas
Tax Provision is likely to drop slightly above 37.4
M in 2024.
Greenbrier Companies fundamental ratios Correlations
Click cells to compare fundamentals
Greenbrier Companies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Greenbrier Companies fundamental ratios Accounts
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Additional Tools for Greenbrier Stock Analysis
When running Greenbrier Companies' price analysis, check to
measure Greenbrier Companies' 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 Greenbrier Companies is operating at the current time. Most of Greenbrier Companies' value examination focuses on studying past and present price action to
predict the probability of Greenbrier Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenbrier Companies' price. Additionally, you may evaluate how the addition of Greenbrier Companies to your portfolios can decrease your overall portfolio volatility.