GTBP Capital Stock vs Retained Earnings Analysis

GTBP Stock  USD 3.01  0.32  9.61%   
GT Biopharma financial indicator trend analysis is much more than just examining GT Biopharma latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GT Biopharma is a good investment. Please check the relationship between GT Biopharma Capital Stock and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GT Biopharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in GTBP Stock, please use our How to Invest in GT Biopharma guide.

Capital Stock vs Retained Earnings

Capital Stock vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GT Biopharma Capital Stock account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between GT Biopharma's Capital Stock and Retained Earnings is -0.28. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of GT Biopharma, assuming nothing else is changed. The correlation between historical values of GT Biopharma's Capital Stock and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of GT Biopharma are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Capital Stock i.e., GT Biopharma's Capital Stock and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from GT Biopharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GT Biopharma 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 GT Biopharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in GTBP Stock, please use our How to Invest in GT Biopharma guide.At this time, GT Biopharma's Selling General Administrative is relatively stable compared to the past year. As of 10/31/2024, Issuance Of Capital Stock is likely to grow to about 10.2 M, while Sales General And Administrative To Revenue is likely to drop 2.17.
 2023 2024 (projected)
Total Operating Expenses13.6M10.7M
Cost Of Revenue3.6K3.4K

GT Biopharma fundamental ratios Correlations

-0.14-0.220.97-0.15-0.21-0.030.15-0.010.99-0.06-0.02-0.16-0.06-0.07-0.180.26-0.22-0.15-0.03-0.13-0.1-0.23-0.22-0.11-0.31
-0.140.83-0.32-0.150.220.19-0.22-0.21-0.11-0.14-0.19-0.16-0.13-0.09-0.21-0.260.83-0.15-0.19-0.19-0.10.150.13-0.12-0.23
-0.220.83-0.43-0.290.64-0.01-0.14-0.03-0.19-0.24-0.18-0.34-0.26-0.20.22-0.11.0-0.29-0.18-0.340.390.660.64-0.25-0.04
0.97-0.32-0.43-0.07-0.34-0.030.170.00.960.00.02-0.070.0-0.02-0.220.27-0.43-0.070.01-0.05-0.18-0.36-0.35-0.04-0.28
-0.15-0.15-0.29-0.07-0.25-0.16-0.10.15-0.160.710.10.560.690.690.130.14-0.291.00.120.46-0.09-0.19-0.190.670.64
-0.210.220.64-0.34-0.250.04-0.43-0.32-0.12-0.19-0.57-0.24-0.21-0.170.38-0.120.63-0.25-0.58-0.410.590.940.94-0.20.03
-0.030.19-0.01-0.03-0.160.04-0.73-0.560.070.27-0.690.520.280.3-0.55-0.97-0.01-0.16-0.680.37-0.41-0.15-0.160.37-0.54
0.15-0.22-0.140.17-0.1-0.43-0.730.710.02-0.230.93-0.41-0.24-0.250.330.75-0.14-0.10.93-0.070.16-0.21-0.2-0.30.27
-0.01-0.21-0.030.00.15-0.32-0.560.71-0.130.070.83-0.080.050.060.560.52-0.030.150.840.240.430.030.030.020.55
0.99-0.11-0.190.96-0.16-0.120.070.02-0.13-0.05-0.17-0.13-0.06-0.06-0.230.17-0.19-0.16-0.17-0.15-0.11-0.18-0.17-0.09-0.37
-0.06-0.14-0.240.00.71-0.190.27-0.230.07-0.05-0.070.921.00.990.1-0.26-0.240.71-0.040.86-0.09-0.14-0.140.990.49
-0.02-0.19-0.180.020.1-0.57-0.690.930.83-0.17-0.07-0.22-0.07-0.090.320.67-0.180.11.00.110.1-0.31-0.3-0.120.4
-0.16-0.16-0.34-0.070.56-0.240.52-0.41-0.08-0.130.92-0.220.920.92-0.06-0.52-0.340.56-0.190.9-0.2-0.25-0.260.960.28
-0.06-0.13-0.260.00.69-0.210.28-0.240.05-0.061.0-0.070.920.990.04-0.27-0.260.69-0.050.86-0.15-0.17-0.180.990.47
-0.07-0.09-0.2-0.020.69-0.170.3-0.250.06-0.060.99-0.090.920.990.08-0.29-0.20.69-0.060.86-0.1-0.12-0.130.980.46
-0.18-0.210.22-0.220.130.38-0.550.330.56-0.230.10.32-0.060.040.080.460.220.130.330.070.940.610.610.040.64
0.26-0.26-0.10.270.14-0.12-0.970.750.520.17-0.260.67-0.52-0.27-0.290.46-0.10.140.66-0.380.330.040.06-0.360.43
-0.220.831.0-0.43-0.290.63-0.01-0.14-0.03-0.19-0.24-0.18-0.34-0.26-0.20.22-0.1-0.29-0.18-0.340.380.650.64-0.25-0.04
-0.15-0.15-0.29-0.071.0-0.25-0.16-0.10.15-0.160.710.10.560.690.690.130.14-0.290.120.46-0.09-0.19-0.190.670.64
-0.03-0.19-0.180.010.12-0.58-0.680.930.84-0.17-0.041.0-0.19-0.05-0.060.330.66-0.180.120.130.11-0.31-0.3-0.090.42
-0.13-0.19-0.34-0.050.46-0.410.37-0.070.24-0.150.860.110.90.860.860.07-0.38-0.340.460.13-0.12-0.31-0.310.880.38
-0.1-0.10.39-0.18-0.090.59-0.410.160.43-0.11-0.090.1-0.2-0.15-0.10.940.330.38-0.090.11-0.120.780.78-0.130.42
-0.230.150.66-0.36-0.190.94-0.15-0.210.03-0.18-0.14-0.31-0.25-0.17-0.120.610.040.65-0.19-0.31-0.310.781.0-0.170.25
-0.220.130.64-0.35-0.190.94-0.16-0.20.03-0.17-0.14-0.3-0.26-0.18-0.130.610.060.64-0.19-0.3-0.310.781.0-0.180.25
-0.11-0.12-0.25-0.040.67-0.20.37-0.30.02-0.090.99-0.120.960.990.980.04-0.36-0.250.67-0.090.88-0.13-0.17-0.180.42
-0.31-0.23-0.04-0.280.640.03-0.540.270.55-0.370.490.40.280.470.460.640.43-0.040.640.420.380.420.250.250.42
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GT Biopharma Account Relationship Matchups

GT Biopharma fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets396K5.7M32.2M16.7M14.1M13.2M
Other Current Liab4.4M383K138K1.7M2.2M2.3M
Total Current Liabilities19.7M35.1M10.3M4.9M6.6M6.9M
Total Stockholder Equity(19.1M)(29.3M)21.9M11.7M7.5M7.1M
Property Plant And Equipment Net35K110K0.0165K53K50.4K
Net Debt13.3M21.0M(8.9M)(5.5M)(1.0M)(970.0K)
Retained Earnings(567.3M)(595.6M)(653.6M)(674.5M)(682.1M)(648.0M)
Accounts Payable1.9M2.2M8.2M3.1M4.3M4.5M
Cash28K5.3M9.0M5.7M1.1M1.2M
Non Current Assets Total25.3M122K0.0174K53K50.4K
Cash And Short Term Investments28K5.3M32.0M16.5M14.0M14.7M
Common Stock Total Equity50K51K70K52K46.8K44.5K
Common Stock Shares Outstanding112.8K146.2K938.5K1.1M1.3M1.3M
Liabilities And Stockholders Equity396K5.7M32.2M16.7M14.1M13.2M
Other Current Assets246K364K190K54K84K79.8K
Other Stockholder Equity548.1M566.3M673.2M686.2M689.5M724.0M
Total Liab19.7M35.1M10.3M5.0M6.6M7.1M
Property Plant And Equipment Gross35K110K0.0165K53K50.4K
Total Current Assets274K5.7M32.2M16.6M14.1M14.8M
Common Stock70K52K1.1M33K1K950.0
Short Long Term Debt Total10.8M13.4M26.3M174K58K55.1K
Short Term Debt10.8M13.4M26.3M110K58K55.1K
Net Tangible Assets(13.7M)(19.1M)(29.3M)21.9M25.2M26.5M
Short Long Term Debt31K10.8M13.2M26.3M35.7K33.9K
Net Invested Capital(5.9M)(2.9M)21.9M11.7M7.5M7.1M
Net Working Capital(19.4M)(29.4M)21.9M11.6M7.4M7.8M
Capital Stock73K55K1.1M34K2K1.9K

Pair Trading with GT Biopharma

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GT Biopharma position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GT Biopharma will appreciate offsetting losses from the drop in the long position's value.

Moving against GTBP Stock

  0.5MLAB Mesa LaboratoriesPairCorr
  0.37MRVI Maravai Lifesciences Buyout TrendPairCorr
The ability to find closely correlated positions to GT Biopharma could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GT Biopharma when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GT Biopharma - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GT Biopharma to buy it.
The correlation of GT Biopharma is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GT Biopharma moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GT Biopharma moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GT Biopharma can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for GTBP Stock Analysis

When running GT Biopharma's price analysis, check to measure GT Biopharma'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 GT Biopharma is operating at the current time. Most of GT Biopharma's value examination focuses on studying past and present price action to predict the probability of GT Biopharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GT Biopharma's price. Additionally, you may evaluate how the addition of GT Biopharma to your portfolios can decrease your overall portfolio volatility.