GS Stock | | | USD 511.47 7.88 1.52% |
Goldman Sachs financial indicator trend analysis is much more than just examining Goldman Sachs Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goldman Sachs Group is a good investment. Please check the relationship between Goldman Sachs Change To Account Receivables and its Dividends Paid accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Change To Account Receivables vs Dividends Paid
Change To Account Receivables vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Goldman Sachs Group Change To Account Receivables account and
Dividends Paid. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Goldman Sachs' Change To Account Receivables and Dividends Paid is 0.57. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Goldman Sachs Group, assuming nothing else is changed. The correlation between historical values of Goldman Sachs' Change To Account Receivables and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Goldman Sachs Group are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Change To Account Receivables i.e., Goldman Sachs' Change To Account Receivables and Dividends Paid go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Change To Account Receivables
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Goldman Sachs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goldman Sachs Group 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 Goldman Sachs Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
At this time, Goldman Sachs'
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.46 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 1.1
B in 2024.
Goldman Sachs fundamental ratios Correlations
Click cells to compare fundamentals
Goldman Sachs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Goldman Sachs fundamental ratios Accounts
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