Great Ptb Ratio vs Dividend Yield Analysis
| GECCZ Stock | 25.52 0.04 0.16% |
Great Elm financial indicator trend analysis is much more than just examining Great Elm Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Elm Capital is a good investment. Please check the relationship between Great Elm Ptb Ratio and its Dividend Yield accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Elm Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Ptb Ratio vs Dividend Yield
Ptb Ratio vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Elm Capital Ptb Ratio account and Dividend Yield. At this time, the significance of the direction appears to have pay attention.
The correlation between Great Elm's Ptb Ratio and Dividend Yield is -0.87. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Great Elm Capital, assuming nothing else is changed. The correlation between historical values of Great Elm's Ptb Ratio and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Great Elm Capital are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Ptb Ratio i.e., Great Elm's Ptb Ratio and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.87 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Dividend Yield
Dividend Yield is Great Elm Capital dividend as a percentage of Great Elm stock price. Great Elm Capital dividend yield is a measure of Great Elm stock productivity, which can be interpreted as interest rate earned on an Great Elm investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Also Currently Popular
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 Great Stock Analysis
When running Great Elm's price analysis, check to measure Great Elm'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 Great Elm is operating at the current time. Most of Great Elm's value examination focuses on studying past and present price action to predict the probability of Great Elm's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Elm's price. Additionally, you may evaluate how the addition of Great Elm to your portfolios can decrease your overall portfolio volatility.