ABI Stock | | | CAD 0.05 0.00 0.00% |
Abcourt Mines financial indicator trend analysis is way more than just evaluating Abcourt Mines prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abcourt Mines is a good investment. Please check the relationship between Abcourt Mines Stock Based Compensation and its Other Non Cash Items accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Abcourt Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Stock Based Compensation vs Other Non Cash Items
Stock Based Compensation vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Abcourt Mines Stock Based Compensation account and
Other Non Cash Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Abcourt Mines' Stock Based Compensation and Other Non Cash Items is -0.06. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Abcourt Mines, assuming nothing else is changed. The correlation between historical values of Abcourt Mines' Stock Based Compensation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Abcourt Mines are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Stock Based Compensation i.e., Abcourt Mines' Stock Based Compensation and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Other Non Cash Items
Most indicators from Abcourt Mines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abcourt Mines 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 Abcourt Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Abcourt Mines'
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 7.4
M in 2024, whereas
Tax Provision is likely to drop slightly above 156.2
K in 2024.
Abcourt Mines fundamental ratios Correlations
Click cells to compare fundamentals
Abcourt Mines Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Abcourt Mines fundamental ratios Accounts
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Additional Tools for Abcourt Stock Analysis
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