Grindr Interest Coverage vs Book Value Per Share Analysis
| GRND-WT Stock | 5.93 0.79 15.37% |
Grindr Warrant 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 Warrant Interest Coverage and its Book Value Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grindr Warrant. 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.
Interest Coverage vs Book Value Per Share
Interest Coverage vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grindr Warrant Interest Coverage account and Book Value Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between Grindr Warrant's Interest Coverage and Book Value Per Share is 0.62. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Grindr Warrant, assuming nothing else is changed. The correlation between historical values of Grindr Warrant's Interest Coverage and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Grindr Warrant are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Interest Coverage i.e., Grindr Warrant's Interest Coverage and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.62 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Interest Coverage
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.Thematic Opportunities
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When running Grindr Warrant's price analysis, check to measure Grindr Warrant'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 Warrant is operating at the current time. Most of Grindr Warrant's value examination focuses on studying past and present price action to predict the probability of Grindr Warrant'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 Warrant's price. Additionally, you may evaluate how the addition of Grindr Warrant to your portfolios can decrease your overall portfolio volatility.