BCM Stock | | | CAD 0.43 0.03 7.50% |
Bear Creek financial indicator trend analysis is way more than just evaluating Bear Creek Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bear Creek Mining is a good investment. Please check the relationship between Bear Creek Other Current Liab and its Other Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bear Creek 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 board of governors.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bear Creek Mining Other Current Liab account and
Other Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bear Creek's Other Current Liab and Other Liab is 0.61. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Liab in the same time period over historical financial statements of Bear Creek Mining, assuming nothing else is changed. The correlation between historical values of Bear Creek's Other Current Liab and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Bear Creek Mining are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Other Current Liab i.e., Bear Creek's Other Current Liab and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Most indicators from Bear Creek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bear Creek 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 Bear Creek 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 board of governors.
At this time, Bear Creek's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 7.70 in 2024, despite the fact that
Tax Provision is likely to grow to (1.3
M).
When running Bear Creek's price analysis, check to
measure Bear Creek'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 Bear Creek is operating at the current time. Most of Bear Creek's value examination focuses on studying past and present price action to
predict the probability of Bear Creek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bear Creek's price. Additionally, you may evaluate how the addition of Bear Creek to your portfolios can decrease your overall portfolio volatility.