| GUG Stock | | | CAD 0.03 0.00 0.00% |
Gungnir Resources financial indicator trend analysis is much more than just examining Gungnir Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gungnir Resources is a good investment. Please check the relationship between Gungnir Resources Other Current Liab and its Common Stock Shares Outstanding accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gungnir 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 Current Liab vs Common Stock Shares Outstanding
Other Current Liab vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gungnir Resources Other Current Liab account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Gungnir Resources' Other Current Liab and Common Stock Shares Outstanding is -0.54. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Gungnir Resources, assuming nothing else is changed. The correlation between historical values of Gungnir Resources' Other Current Liab and Common Stock Shares Outstanding 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 Current Liab of Gungnir Resources are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Liab i.e., Gungnir Resources' Other Current Liab and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.54 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Other Current Liab
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Gungnir Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gungnir 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 Gungnir 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.
Enterprise Value is likely to climb to about 10
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 630.7
K in 2024.
Gungnir Resources fundamental ratios Correlations
Click cells to compare fundamentals
Gungnir Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gungnir Resources fundamental ratios Accounts
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Additional Tools for Gungnir Stock Analysis
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measure Gungnir Resources' 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 Gungnir Resources is operating at the current time. Most of Gungnir Resources' value examination focuses on studying past and present price action to
predict the probability of Gungnir Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gungnir Resources' price. Additionally, you may evaluate how the addition of Gungnir Resources to your portfolios can decrease your overall portfolio volatility.