GEOJITFSL | | | 118.76 2.42 2.00% |
Geojit Financial financial indicator trend analysis is much more than just examining Geojit Financial Services latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Geojit Financial Services is a good investment. Please check the relationship between Geojit Financial Investments and its Depreciation accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Geojit Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Investments vs Depreciation
Investments vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Geojit Financial Services Investments account and
Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Geojit Financial's Investments and Depreciation is -0.07. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Depreciation in the same time period over historical financial statements of Geojit Financial Services, assuming nothing else is changed. The correlation between historical values of Geojit Financial's Investments and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Geojit Financial Services are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Investments i.e., Geojit Financial's Investments and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Depreciation
Depreciation indicates how much of Geojit Financial Services value has been used up. For tax purposes Geojit Financial can deduct the cost of the tangible assets it purchases as business expenses. However, Geojit Financial Services must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Geojit Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Geojit Financial Services 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 Geojit Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
The Geojit Financial's current
Selling General Administrative is estimated to increase to about 2.4
B, while
Tax Provision is projected to decrease to roughly 363.2
M.
Geojit Financial fundamental ratios Correlations
Click cells to compare fundamentals
Geojit Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Geojit Financial 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 Geojit Stock
Balance Sheet is a snapshot of the
financial position of Geojit Financial Services at a specified time, usually calculated after every quarter, six months, or one year. Geojit Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Geojit Financial 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 Geojit currently owns. An asset can also be divided into two categories, current and non-current.