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 Other Current Liab and its Common Stock Shares Outstanding 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.
Other Current Liab vs Common Stock Shares Outstanding
Other Current Liab vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Goldman Sachs Group Other Current Liab account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Goldman Sachs' Other Current Liab and Common Stock Shares Outstanding is -0.39. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock Shares Outstanding 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' Other Current Liab and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Goldman Sachs Group are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Liab i.e., Goldman Sachs' Other Current Liab and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Liab
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
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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