| G6M Stock | | | 0.03 0.00 0.00% |
Group 6 financial indicator trend analysis is much more than just examining Group 6 Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Group 6 Metals is a good investment. Please check the relationship between Group 6 Ebitda and its Net Income accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Group 6 Metals. 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.
Ebitda vs Net Income
Ebitda vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Group 6 Metals Ebitda account and
Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between Group 6's Ebitda and Net Income is 0.99. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income in the same time period over historical financial statements of Group 6 Metals, assuming nothing else is changed. The correlation between historical values of Group 6's Ebitda and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Group 6 Metals are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebitda i.e., Group 6's Ebitda and Net Income go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Ebitda
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Group 6 Metals financial statement analysis. It represents the amount of money remaining after all of Group 6 Metals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Group 6's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Group 6 Metals 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Group 6 Metals. 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.
Selling General Administrative is likely to gain to about 8.3
M in 2024.
Issuance Of Capital Stock is likely to gain to about 59
M in 2024
Group 6 fundamental ratios Correlations
Click cells to compare fundamentals
Group 6 Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Group 6 fundamental ratios Accounts
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Additional Tools for Group Stock Analysis
When running Group 6's price analysis, check to
measure Group 6'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 Group 6 is operating at the current time. Most of Group 6's value examination focuses on studying past and present price action to
predict the probability of Group 6's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Group 6's price. Additionally, you may evaluate how the addition of Group 6 to your portfolios can decrease your overall portfolio volatility.