Faraday Investments vs Change To Operating Activities Analysis

FDY Stock  CAD 1.28  0.02  1.59%   
Faraday Copper financial indicator trend analysis is much more than just examining Faraday Copper Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Faraday Copper Corp is a good investment. Please check the relationship between Faraday Copper Investments and its Change To Operating Activities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Faraday Copper 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 producer price index.

Investments vs Change To Operating Activities

Investments vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Faraday Copper Corp Investments account and Change To Operating Activities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Faraday Copper's Investments and Change To Operating Activities is -0.58. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Faraday Copper Corp, assuming nothing else is changed. The correlation between historical values of Faraday Copper's Investments and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Faraday Copper Corp are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Investments i.e., Faraday Copper's Investments and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change To Operating Activities

Most indicators from Faraday Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Faraday Copper 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 Faraday Copper 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 producer price index.
At this time, Faraday Copper's Selling General Administrative is very stable compared to the past year. As of the 22nd of August 2025, Enterprise Value is likely to grow to about 49.1 M, while Issuance Of Capital Stock is likely to drop about 16.4 M.

Faraday Copper fundamental ratios Correlations

0.930.280.920.97-0.94-0.840.950.970.950.690.9-0.120.280.950.70.65-0.40.880.920.39-0.520.58-0.590.95-0.86
0.930.10.930.85-0.95-0.770.950.860.950.680.88-0.140.10.950.640.81-0.230.920.90.38-0.50.62-0.590.99-0.89
0.280.1-0.110.41-0.090.030.10.40.10.00.02-0.441.00.1-0.110.11-0.180.030.04-0.25-0.12-0.05-0.140.1-0.05
0.920.93-0.110.84-0.94-0.880.940.840.940.710.930.06-0.120.940.770.62-0.340.910.940.5-0.490.62-0.560.94-0.87
0.970.850.410.84-0.83-0.760.841.00.840.620.8-0.070.40.840.680.63-0.490.760.820.37-0.460.51-0.540.85-0.76
-0.94-0.95-0.09-0.94-0.830.84-0.98-0.83-0.98-0.68-0.920.14-0.08-0.98-0.66-0.630.25-0.94-0.94-0.390.57-0.640.64-0.980.92
-0.84-0.770.03-0.88-0.760.84-0.87-0.75-0.87-0.71-0.97-0.090.03-0.87-0.83-0.330.49-0.8-0.95-0.70.25-0.730.31-0.830.82
0.950.950.10.940.84-0.98-0.870.841.00.70.95-0.170.091.00.670.6-0.250.960.970.38-0.540.62-0.610.98-0.91
0.970.860.40.841.0-0.83-0.750.840.840.620.8-0.070.40.840.680.64-0.490.760.820.37-0.460.51-0.540.85-0.76
0.950.950.10.940.84-0.98-0.871.00.840.70.95-0.170.091.00.670.6-0.250.960.970.38-0.540.62-0.610.98-0.91
0.690.680.00.710.62-0.68-0.710.70.620.70.70.020.00.710.450.38-0.40.790.670.54-0.410.35-0.450.7-0.58
0.90.880.020.930.8-0.92-0.970.950.80.950.7-0.010.020.950.820.49-0.390.880.990.59-0.320.75-0.40.93-0.89
-0.12-0.14-0.440.06-0.070.14-0.09-0.17-0.07-0.170.02-0.01-0.44-0.170.41-0.06-0.35-0.27-0.070.5-0.090.140.19-0.140.01
0.280.11.0-0.120.4-0.080.030.090.40.090.00.02-0.440.09-0.110.11-0.180.020.04-0.25-0.11-0.04-0.130.1-0.05
0.950.950.10.940.84-0.98-0.871.00.841.00.710.95-0.170.090.670.6-0.250.960.970.38-0.540.62-0.610.98-0.91
0.70.64-0.110.770.68-0.66-0.830.670.680.670.450.820.41-0.110.670.37-0.460.520.80.76-0.190.71-0.20.67-0.73
0.650.810.110.620.63-0.63-0.330.60.640.60.380.49-0.060.110.60.37-0.060.580.50.14-0.430.41-0.50.72-0.65
-0.4-0.23-0.18-0.34-0.490.250.49-0.25-0.49-0.25-0.4-0.39-0.35-0.18-0.25-0.46-0.06-0.16-0.33-0.56-0.01-0.340.0-0.240.29
0.880.920.030.910.76-0.94-0.80.960.760.960.790.88-0.270.020.960.520.58-0.160.90.31-0.520.5-0.620.94-0.81
0.920.90.040.940.82-0.94-0.950.970.820.970.670.99-0.070.040.970.80.5-0.330.90.53-0.390.7-0.460.94-0.89
0.390.38-0.250.50.37-0.39-0.70.380.370.380.540.590.5-0.250.380.760.14-0.560.310.530.020.610.00.39-0.48
-0.52-0.5-0.12-0.49-0.460.570.25-0.54-0.46-0.54-0.41-0.32-0.09-0.11-0.54-0.19-0.43-0.01-0.52-0.390.020.060.87-0.540.45
0.580.62-0.050.620.51-0.64-0.730.620.510.620.350.750.14-0.040.620.710.41-0.340.50.70.610.060.030.64-0.79
-0.59-0.59-0.14-0.56-0.540.640.31-0.61-0.54-0.61-0.45-0.40.19-0.13-0.61-0.2-0.50.0-0.62-0.460.00.870.03-0.620.56
0.950.990.10.940.85-0.98-0.830.980.850.980.70.93-0.140.10.980.670.72-0.240.940.940.39-0.540.64-0.62-0.92
-0.86-0.89-0.05-0.87-0.760.920.82-0.91-0.76-0.91-0.58-0.890.01-0.05-0.91-0.73-0.650.29-0.81-0.89-0.480.45-0.790.56-0.92
Click cells to compare fundamentals

Faraday Copper Account Relationship Matchups

Faraday Copper fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.9M11.2M32.1M36.6M40.6M42.6M
Other Current Liab89.0K163.9K3.2M2.5M2.9M3.0M
Total Current Liabilities782.1K690.7K3.2M2.5M4.3M4.5M
Total Stockholder Equity4.9M10.5M29.0M34.1M36.3M38.1M
Property Plant And Equipment Net5.8M7.0M21.9M21.2M23.0M24.1M
Net Debt465.9K(4.2M)(9.5M)(14.9M)(13.4M)(12.7M)
Retained Earnings(44.7M)(50.1M)(42.0M)(77.5M)(100.0M)(95.0M)
Cash36.4K4.2M9.5M14.9M17.0M17.9M
Non Current Assets Total5.8M7.0M22.3M21.3M23.1M24.3M
Cash And Short Term Investments36.4K4.2M9.5M14.9M17.1M18.0M
Net Receivables22.9K33.1K106.4K137.2K157.8K165.7K
Common Stock Shares Outstanding76.6M85.7M114.0M169.6M205.4M215.7M
Liabilities And Stockholders Equity5.9M11.2M32.1M36.6M42.1M44.2M
Other Stockholder Equity(122.9K)27.3M16.8M3.7M4.2M4.0M
Total Liab957.7K730.7K3.2M2.5M4.3M4.5M
Total Current Assets90.1K4.3M9.8M15.3M17.4M18.3M
Accounts Payable603.8K423.4K366.5K526.8K605.9K636.2K
Non Currrent Assets Other8.4K8.3K379.3K77.4K142.0K149.1K
Other Current Assets30.8K32.2K160.3K242.3K278.6K292.5K
Accumulated Other Comprehensive Income24.2M27.3M16.8M16.8M19.3M18.9M
Common Stock25.5M33.3M54.2M94.8M109.0M114.5M
Other Assets8.4K8.3K379.3K77.4K89.0K66.2K
Net Invested Capital5.4M10.5M29.0M34.1M36.3M22.1M
Property Plant And Equipment Gross5.8M7.0M22.1M21.5M23.5M15.7M
Capital Stock25.5M33.3M54.2M94.8M117.1M64.0M
Net Working Capital(692.0K)3.6M6.6M12.8M13.1M13.8M
Property Plant Equipment5.8M7.0M21.9M21.2M24.4M13.5M

Pair Trading with Faraday Copper

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Faraday Copper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Faraday Copper will appreciate offsetting losses from the drop in the long position's value.

Moving together with Faraday Stock

  0.68AG First Majestic SilverPairCorr
  0.83IE Ivanhoe EnergyPairCorr

Moving against Faraday Stock

  0.88FDR Flinders ResourcesPairCorr
  0.68ORE Orezone Gold CorpPairCorr
The ability to find closely correlated positions to Faraday Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Faraday Copper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Faraday Copper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Faraday Copper Corp to buy it.
The correlation of Faraday Copper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Faraday Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Faraday Copper Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Faraday Copper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Faraday Stock

Balance Sheet is a snapshot of the financial position of Faraday Copper Corp at a specified time, usually calculated after every quarter, six months, or one year. Faraday Copper Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Faraday Copper 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 Faraday currently owns. An asset can also be divided into two categories, current and non-current.