ATM Stock | | | 2.75 0.40 17.02% |
AfriTin Mining financial indicator trend analysis is way more than just evaluating AfriTin Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AfriTin Mining is a good investment. Please check the relationship between AfriTin Mining Sale Purchase Of Stock and its Stock Based Compensation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AfriTin Mining. 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 economic analysis.
Sale Purchase Of Stock vs Stock Based Compensation
Sale Purchase Of Stock vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AfriTin Mining Sale Purchase Of Stock account and
Stock Based Compensation. At this time, the significance of the direction appears to have very week relationship.
The correlation between AfriTin Mining's Sale Purchase Of Stock and Stock Based Compensation is 0.24. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of AfriTin Mining, assuming nothing else is changed. The correlation between historical values of AfriTin Mining's Sale Purchase Of Stock and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of AfriTin Mining are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Sale Purchase Of Stock i.e., AfriTin Mining's Sale Purchase Of Stock and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Sale Purchase Of Stock
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.
Most indicators from AfriTin Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AfriTin Mining 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 AfriTin Mining. 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 economic analysis.
At present, AfriTin Mining's
Tax Provision is projected to decrease significantly based on the last few years of reporting.
AfriTin Mining fundamental ratios Correlations
Click cells to compare fundamentals
AfriTin Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AfriTin Mining fundamental ratios Accounts
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Other Information on Investing in AfriTin Stock
Balance Sheet is a snapshot of the
financial position of AfriTin Mining at a specified time, usually calculated after every quarter, six months, or one year. AfriTin Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AfriTin Mining 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 AfriTin currently owns. An asset can also be divided into two categories, current and non-current.