Grindr Ptb Ratio vs Inventory Turnover 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 Ptb Ratio and its Inventory Turnover 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.
Ptb Ratio vs Inventory Turnover
Ptb Ratio vs Inventory Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grindr Warrant Ptb Ratio account and Inventory Turnover. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Grindr Warrant's Ptb Ratio and Inventory Turnover is 0.19. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Inventory Turnover 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 Ptb Ratio and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Grindr Warrant are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Ptb Ratio i.e., Grindr Warrant's Ptb Ratio and Inventory Turnover go up and down completely randomly.
Correlation Coefficient | 0.19 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.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.