Gol Linhas Market Capitalization vs Average Equity Analysis

GOL -- USA Stock  

USD 15.71  0.57  3.50%

Gol Linhas financial indicator trend analysis is much more than just examining Gol Linhas Aereas latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gol Linhas Aereas is a good investment. Please check the relationship between Gol Linhas Market Capitalization and its Average Equity accounts. Please also check Risk vs Return Analysis.

Market Capitalization vs Average Equity

Accounts Relationship

Market Capitalization vs Average Equity

Significance: Pay attention

Market Capitalization diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Gol Linhas Aereas Market Capitalization account and Average Equity

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Market Capitalization

Market capitalization (or market cap) is the total value of the shares outstanding of Gol Linhas Aereas Inteligentes. It is equal to Gol Linhas current share price times the number of Gol Linhas Aereas outstanding shares. Represents the product of [SharesBas]; [Price] and [ShareFactor].

Average Equity

Average equity value for the period used in calculation of Return on Average Equity; derived from [Equity].
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