Pagaya Cash And Short Term Investments vs Cash Analysis
PGYWW Stock | USD 0.07 0.16 69.57% |
Pagaya Technologies financial indicator trend analysis is much more than just breaking down Pagaya Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pagaya Technologies is a good investment. Please check the relationship between Pagaya Technologies Cash And Short Term Investments and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pagaya Technologies Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Pagaya Stock please use our How to Invest in Pagaya Technologies guide.
Cash And Short Term Investments vs Cash
Cash And Short Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pagaya Technologies Cash And Short Term Investments account and Cash. At this time, the significance of the direction appears to have totally related.
The correlation between Pagaya Technologies' Cash And Short Term Investments and Cash is 0.99. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Pagaya Technologies Ltd, assuming nothing else is changed. The correlation between historical values of Pagaya Technologies' Cash And Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Pagaya Technologies Ltd are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., Pagaya Technologies' Cash And Short Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Pagaya Technologies balance sheet. This account contains Pagaya Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Pagaya Technologies Ltd fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Cash
Cash refers to the most liquid asset of Pagaya Technologies, which is listed under current asset account on Pagaya Technologies Ltd balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Pagaya Technologies customers. The amounts must be unrestricted with restricted cash listed in a different Pagaya Technologies account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Pagaya Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pagaya Technologies 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pagaya Technologies Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Pagaya Stock please use our How to Invest in Pagaya Technologies guide.Enterprise Value is likely to climb to about 1.3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 141.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 213.5M | 234.3M | 263.9M | 167.8M | Total Revenue | 445.9M | 685.4M | 772.8M | 447.0M |
Pagaya Technologies fundamental ratios Correlations
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Pagaya Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Pagaya Technologies' price analysis, check to measure Pagaya Technologies' 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 Pagaya Technologies is operating at the current time. Most of Pagaya Technologies' value examination focuses on studying past and present price action to predict the probability of Pagaya Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pagaya Technologies' price. Additionally, you may evaluate how the addition of Pagaya Technologies to your portfolios can decrease your overall portfolio volatility.