| GNG Stock | | | CAD 0.04 0.01 20.00% |
Golden Goliath financial indicator trend analysis is much more than just examining Golden Goliath Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Goliath Resources is a good investment. Please check the relationship between Golden Goliath Other Assets and its Non Current Assets Total accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Goliath Resources. 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.
Other Assets vs Non Current Assets Total
Other Assets vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Golden Goliath Resources Other Assets account and
Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Golden Goliath's Other Assets and Non Current Assets Total is 0.45. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Golden Goliath Resources, assuming nothing else is changed. The correlation between historical values of Golden Goliath's Other Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Golden Goliath Resources are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Assets i.e., Golden Goliath's Other Assets and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.45 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Other Assets
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Golden Goliath's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Goliath Resources 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 Golden Goliath Resources. 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 drop to about 249.1
K in 2024.
Issuance Of Capital Stock is likely to drop to about 160.5
K in 2024
Golden Goliath fundamental ratios Correlations
Click cells to compare fundamentals
Golden Goliath Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Golden Goliath fundamental ratios Accounts
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predict the probability of Golden Goliath's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Goliath's price. Additionally, you may evaluate how the addition of Golden Goliath to your portfolios can decrease your overall portfolio volatility.