IG Petrochemicals financial indicator trend analysis is infinitely more than just investigating IG Petrochemicals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IG Petrochemicals is a good investment. Please check the relationship between IG Petrochemicals Begin Period Cash Flow and its Capital Expenditures accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IG Petrochemicals 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 board of governors.
Begin Period Cash Flow vs Capital Expenditures
Begin Period Cash Flow vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IG Petrochemicals Begin Period Cash Flow account and Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between IG Petrochemicals' Begin Period Cash Flow and Capital Expenditures is -0.25. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of IG Petrochemicals Limited, assuming nothing else is changed. The correlation between historical values of IG Petrochemicals' Begin Period Cash Flow and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of IG Petrochemicals Limited are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Begin Period Cash Flow i.e., IG Petrochemicals' Begin Period Cash Flow and Capital Expenditures go up and down completely randomly.
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Capital Expenditures
Capital Expenditures are funds used by IG Petrochemicals to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of IG Petrochemicals operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from IG Petrochemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IG Petrochemicals 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 IG Petrochemicals 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 board of governors.
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.
When running IG Petrochemicals' price analysis, check to measure IG Petrochemicals' 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 IG Petrochemicals is operating at the current time. Most of IG Petrochemicals' value examination focuses on studying past and present price action to predict the probability of IG Petrochemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IG Petrochemicals' price. Additionally, you may evaluate how the addition of IG Petrochemicals to your portfolios can decrease your overall portfolio volatility.