000737 Stock | | | 9.06 0.13 1.41% |
North Copper financial indicator trend analysis is infinitely more than just investigating North Copper Shanxi recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether North Copper Shanxi is a good investment. Please check the relationship between North Copper Reconciled Depreciation and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in North Copper Shanxi. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Reconciled Depreciation vs Selling General Administrative
Reconciled Depreciation vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
North Copper Shanxi Reconciled Depreciation account and
Selling General Administrative. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between North Copper's Reconciled Depreciation and Selling General Administrative is -0.56. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of North Copper Shanxi, assuming nothing else is changed. The correlation between historical values of North Copper's Reconciled Depreciation and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of North Copper Shanxi are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Reconciled Depreciation i.e., North Copper's Reconciled Depreciation and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Reconciled Depreciation
Selling General Administrative
Most indicators from North Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into North Copper Shanxi 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in North Copper Shanxi. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Tax Provision is expected to grow to about 247.1
M, whereas Selling General Administrative is forecasted to decline to about 56.5
M.
North Copper fundamental ratios Correlations
Click cells to compare fundamentals
North Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
North Copper fundamental ratios Accounts
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Other Information on Investing in North Stock
Balance Sheet is a snapshot of the
financial position of North Copper Shanxi at a specified time, usually calculated after every quarter, six months, or one year. North Copper Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of North Copper and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which North currently owns. An asset can also be divided into two categories, current and non-current.