| 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 Retained Earnings and its Total Stockholder Equity 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.
Retained Earnings vs Total Stockholder Equity
Retained Earnings vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Group 6 Metals Retained Earnings account and
Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Group 6's Retained Earnings and Total Stockholder Equity is -0.58. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Stockholder Equity 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 Retained Earnings and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Group 6 Metals are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Retained Earnings i.e., Group 6's Retained Earnings and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.58 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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.