Great Roic vs Ev To Sales 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 Roic and its Ev To Sales 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.
Roic vs Ev To Sales
Roic vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Elm Capital Roic account and Ev To Sales. At this time, the significance of the direction appears to have very week relationship.
The correlation between Great Elm's Roic and Ev To Sales is 0.22. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Ev To Sales 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 Roic and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Great Elm Capital are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Roic i.e., Great Elm's Roic and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.22 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
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.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.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.