Grindr Book Value Per Share vs Capex To Revenue Analysis
| GRND-WT Stock | 6.50 0.02 0.31% |
Grindr financial indicator trend analysis is much more than just examining Grindr Warrant latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grindr Warrant is a good investment. Please check the relationship between Grindr Book Value Per Share and its Capex To Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. 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.
Book Value Per Share vs Capex To Revenue
Book Value Per Share vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grindr Warrant Book Value Per Share account and Capex To Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Grindr's Book Value Per Share and Capex To Revenue is 0.1. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Grindr Warrant, assuming nothing else is changed. The correlation between historical values of Grindr's Book Value Per Share and Capex To 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 Book Value Per Share of Grindr Warrant are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Book Value Per Share i.e., Grindr's Book Value Per Share and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.1 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Thematic Opportunities
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Additional Tools for Grindr Stock Analysis
When running Grindr's price analysis, check to measure Grindr'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 Grindr is operating at the current time. Most of Grindr's value examination focuses on studying past and present price action to predict the probability of Grindr's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grindr's price. Additionally, you may evaluate how the addition of Grindr to your portfolios can decrease your overall portfolio volatility.