| EQTY Stock | | | CAD 0.18 0.01 5.26% |
Equity Metals financial indicator trend analysis is much more than just examining Equity Metals Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equity Metals Corp is a good investment. Please check the relationship between Equity Metals Net Income Per Share and its Income Quality accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Net Income Per Share vs Income Quality
Net Income Per Share vs Income Quality Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Equity Metals Corp Net Income Per Share account and
Income Quality. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Equity Metals' Net Income Per Share and Income Quality is -0.09. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Income Quality in the same time period over historical financial statements of Equity Metals Corp, assuming nothing else is changed. The correlation between historical values of Equity Metals' Net Income Per Share and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of Equity Metals Corp are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Net Income Per Share i.e., Equity Metals' Net Income Per Share and Income Quality go up and down completely randomly.
Correlation Coefficient | -0.09 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Income Per Share
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
Most indicators from Equity Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equity Metals Corp 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 Equity Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Enterprise Value is likely to climb to about 12.2
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 797.8
K in 2024.
Equity Metals fundamental ratios Correlations
Click cells to compare fundamentals
Equity Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Equity Metals fundamental ratios Accounts
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