DCMC Stock | | | CAD 0.14 0.00 0.00% |
Dore Copper financial indicator trend analysis is much more than just examining Dore Copper Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dore Copper Mining is a good investment. Please check the relationship between Dore Copper Free Cash Flow Per Share and its Net Income Per Share accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dore Copper 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 main economic indicators.
Free Cash Flow Per Share vs Net Income Per Share
Free Cash Flow Per Share vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dore Copper Mining Free Cash Flow Per Share account and
Net Income Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Dore Copper's Free Cash Flow Per Share and Net Income Per Share is -0.65. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Dore Copper Mining, assuming nothing else is changed. The correlation between historical values of Dore Copper's Free Cash Flow Per Share and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Dore Copper Mining are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Free Cash Flow Per Share i.e., Dore Copper's Free Cash Flow Per Share and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Net Income Per Share
Most indicators from Dore Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dore Copper 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dore Copper 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 main economic indicators.
At this time, Dore Copper's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 10.5
M in 2024, whereas
Tax Provision is likely to drop (714.4
K) in 2024.
Dore Copper fundamental ratios Correlations
Click cells to compare fundamentals
Dore Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dore Copper fundamental ratios Accounts
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Additional Tools for Dore Stock Analysis
When running Dore Copper's price analysis, check to
measure Dore Copper'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 Dore Copper is operating at the current time. Most of Dore Copper's value examination focuses on studying past and present price action to
predict the probability of Dore Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dore Copper's price. Additionally, you may evaluate how the addition of Dore Copper to your portfolios can decrease your overall portfolio volatility.