| 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 Property Plant And Equipment Net and its Total Assets 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.
Property Plant And Equipment Net vs Total Assets
Property Plant And Equipment Net vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gungnir Resources Property Plant And Equipment Net account and
Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Gungnir Resources' Property Plant And Equipment Net and Total Assets is 0.99. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Assets 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' Property Plant And Equipment Net and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Gungnir Resources are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Net i.e., Gungnir Resources' Property Plant And Equipment Net and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Total Assets
Total assets refers to the total amount of Gungnir Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Gungnir Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Gungnir Stock Analysis
When running Gungnir Resources' price analysis, check to
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.