GNPX Stock | | | USD 1.05 0.02 1.94% |
Genprex financial indicator trend analysis is much more than just examining Genprex latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genprex is a good investment. Please check the relationship between Genprex Income Quality and its Earnings Yield accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genprex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Genprex Stock please use our
How to Invest in Genprex guide.
Income Quality vs Earnings Yield
Income Quality vs Earnings Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Genprex Income Quality account and
Earnings Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Genprex's Income Quality and Earnings Yield is -0.09. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Earnings Yield in the same time period over historical financial statements of Genprex, assuming nothing else is changed. The correlation between historical values of Genprex's Income Quality and Earnings 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 Income Quality of Genprex are associated (or correlated) with its Earnings Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earnings Yield has no effect on the direction of Income Quality i.e., Genprex's Income Quality and Earnings Yield go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
Earnings Yield
The inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company.
Most indicators from Genprex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genprex 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 Genprex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Genprex Stock please use our
How to Invest in Genprex guide.
Issuance Of Capital Stock is likely to rise to about 12.6
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 9.2
M in 2024.
Genprex fundamental ratios Correlations
Click cells to compare fundamentals
Genprex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Genprex 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.
Additional Tools for Genprex Stock Analysis
When running Genprex's price analysis, check to
measure Genprex'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 Genprex is operating at the current time. Most of Genprex's value examination focuses on studying past and present price action to
predict the probability of Genprex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genprex's price. Additionally, you may evaluate how the addition of Genprex to your portfolios can decrease your overall portfolio volatility.