GXU Stock | | | CAD 0.06 0.01 7.69% |
GoviEx Uranium financial indicator trend analysis is much more than just examining GoviEx Uranium latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GoviEx Uranium is a good investment. Please check the relationship between GoviEx Uranium Cost Of Revenue and its Net Income From Continuing Ops accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoviEx Uranium. 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.
Cost Of Revenue vs Net Income From Continuing Ops
Cost Of Revenue vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GoviEx Uranium Cost Of Revenue account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.
The correlation between GoviEx Uranium's Cost Of Revenue and Net Income From Continuing Ops is -0.74. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of GoviEx Uranium, assuming nothing else is changed. The correlation between historical values of GoviEx Uranium's Cost Of Revenue and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of GoviEx Uranium are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Cost Of Revenue i.e., GoviEx Uranium's Cost Of Revenue and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Cost Of Revenue
Cost of Revenue is found on GoviEx Uranium income statement and represents the costs associated with goods and services GoviEx Uranium provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Net Income From Continuing Ops
Most indicators from GoviEx Uranium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GoviEx Uranium 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 GoviEx Uranium. 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.
Issuance Of Capital Stock is likely to climb to about 22.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.9
M in 2024.
GoviEx Uranium fundamental ratios Correlations
Click cells to compare fundamentals
GoviEx Uranium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GoviEx Uranium fundamental ratios Accounts
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Additional Tools for GoviEx Stock Analysis
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measure GoviEx Uranium'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 GoviEx Uranium is operating at the current time. Most of GoviEx Uranium's value examination focuses on studying past and present price action to
predict the probability of GoviEx Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoviEx Uranium's price. Additionally, you may evaluate how the addition of GoviEx Uranium to your portfolios can decrease your overall portfolio volatility.