GEF-B Stock | | | USD 75.74 0.58 0.77% |
Greif financial indicator trend analysis is much more than just examining Greif Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greif Inc is a good investment. Please check the relationship between Greif Short Term Investments and its Non Currrent Assets Other accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greif Inc. 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.
Short Term Investments vs Non Currrent Assets Other
Short Term Investments vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Greif Inc Short Term Investments account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have pay attention.
The correlation between Greif's Short Term Investments and Non Currrent Assets Other is -0.88. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Greif Inc, assuming nothing else is changed. The correlation between historical values of Greif's Short Term Investments and Non Currrent Assets Other 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 Greif Inc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Short Term Investments i.e., Greif's Short Term Investments and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.88 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Short Term Investments
Short Term Investments is an item under the current assets section of Greif balance sheet. It contains any investments Greif Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Greif Inc can easily liquidate in the marketplace.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Greif's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greif Inc 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 Greif Inc. 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.
At present, Greif's
Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's
Enterprise Value Over EBITDA is expected to grow to 11.98, whereas
Selling General Administrative is forecasted to decline to about 348
M.
Greif fundamental ratios Correlations
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Greif Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Greif fundamental ratios Accounts
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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.
Other Information on Investing in Greif Stock
Balance Sheet is a snapshot of the
financial position of Greif Inc at a specified time, usually calculated after every quarter, six months, or one year. Greif Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Greif and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Greif currently owns. An asset can also be divided into two categories, current and non-current.