| GFAIW Stock | | | USD 0.27 0.07 35.00% |
Guardforce financial indicator trend analysis is much more than just examining Guardforce AI latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guardforce AI is a good investment. Please check the relationship between Guardforce Retained Earnings and its Cash accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardforce AI Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Retained Earnings vs Cash
Retained Earnings vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guardforce AI Retained Earnings account and
Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Guardforce's Retained Earnings and Cash is -0.9. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash in the same time period over historical financial statements of Guardforce AI Co, assuming nothing else is changed. The correlation between historical values of Guardforce's Retained Earnings 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 Retained Earnings of Guardforce AI Co 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 Retained Earnings i.e., Guardforce's Retained Earnings and Cash go up and down completely randomly.
Correlation Coefficient | -0.9 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
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.
Cash
Cash refers to the most liquid asset of Guardforce AI, which is listed under current asset account on Guardforce AI Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Guardforce customers. The amounts must be unrestricted with restricted cash listed in a different Guardforce 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 Guardforce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guardforce AI 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 Guardforce AI Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
At this time, Guardforce's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.31 in 2024, whereas
Selling General Administrative is likely to drop slightly above 6.7
M in 2024.
Guardforce fundamental ratios Correlations
Click cells to compare fundamentals
Guardforce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guardforce fundamental ratios Accounts
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Additional Tools for Guardforce Stock Analysis
When running Guardforce's price analysis, check to
measure Guardforce'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 Guardforce is operating at the current time. Most of Guardforce's value examination focuses on studying past and present price action to
predict the probability of Guardforce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guardforce's price. Additionally, you may evaluate how the addition of Guardforce to your portfolios can decrease your overall portfolio volatility.