GRFX Stock | | | USD 0.20 0 1.00% |
Graphex Group financial indicator trend analysis is much more than just examining Graphex Group Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Graphex Group Limited is a good investment. Please check the relationship between Graphex Group Short Term Debt and its Total Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Graphex Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Short Term Debt vs Total Revenue
Short Term Debt vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Graphex Group Limited Short Term Debt account and
Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Graphex Group's Short Term Debt and Total Revenue is 0.79. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Graphex Group Limited, assuming nothing else is changed. The correlation between historical values of Graphex Group's Short Term Debt and Total Revenue 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 Debt of Graphex Group Limited are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Short Term Debt i.e., Graphex Group's Short Term Debt and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Debt
Total Revenue
Total revenue comprises all receipts Graphex Group Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Graphex Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Graphex Group Limited 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 Graphex Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, Graphex Group's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 702.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 127.8
M in 2024.
Graphex Group fundamental ratios Correlations
Click cells to compare fundamentals
Graphex Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Graphex Group fundamental ratios Accounts
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 Graphex Stock Analysis
When running Graphex Group's price analysis, check to
measure Graphex Group'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 Graphex Group is operating at the current time. Most of Graphex Group's value examination focuses on studying past and present price action to
predict the probability of Graphex Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Graphex Group's price. Additionally, you may evaluate how the addition of Graphex Group to your portfolios can decrease your overall portfolio volatility.