Global Change In Cash vs Other Non Cash Items Analysis
| GLACU Stock | USD 11.00 0.07 0.64% |
Global Lights financial indicator trend analysis is much more than just examining Global Lights Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Lights Acquisition is a good investment. Please check the relationship between Global Lights Change In Cash and its Other Non Cash Items accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Lights Acquisition. 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.
Change In Cash vs Other Non Cash Items
Change In Cash vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Lights Acquisition Change In Cash account and Other Non Cash Items. At this time, the significance of the direction appears to have strong relationship.
The correlation between Global Lights' Change In Cash and Other Non Cash Items is 0.77. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Global Lights Acquisition, assuming nothing else is changed. The correlation between historical values of Global Lights' Change In Cash and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Global Lights Acquisition are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change In Cash i.e., Global Lights' Change In Cash and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.77 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Change In Cash
Other Non Cash Items
Most indicators from Global Lights' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Lights Acquisition 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 Global Lights Acquisition. 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. At this time, Global Lights' Issuance Of Capital Stock is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 25.7 M in 2025, whereas Enterprise Value Over EBITDA is likely to drop (45.52) in 2025.
Global Lights fundamental ratios Correlations
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Global Lights Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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When running Global Lights' price analysis, check to measure Global Lights' 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 Global Lights is operating at the current time. Most of Global Lights' value examination focuses on studying past and present price action to predict the probability of Global Lights' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Lights' price. Additionally, you may evaluate how the addition of Global Lights to your portfolios can decrease your overall portfolio volatility.