| IDR Stock | | | USD 13.61 0.26 1.87% |
Idaho Strategic financial indicator trend analysis is infinitely more than just investigating Idaho Strategic Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Idaho Strategic Resources is a good investment. Please check the relationship between Idaho Strategic Net Income Per Share and its Net Income accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Idaho Strategic 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 unemployment.
Net Income Per Share vs Net Income
Net Income Per Share vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Idaho Strategic Resources Net Income Per Share account and
Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Idaho Strategic's Net Income Per Share and Net Income is 0.94. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Net Income in the same time period over historical financial statements of Idaho Strategic Resources, assuming nothing else is changed. The correlation between historical values of Idaho Strategic's Net Income Per Share and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of Idaho Strategic Resources are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income Per Share i.e., Idaho Strategic's Net Income Per Share and Net Income go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Income Per Share
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Idaho Strategic Resources financial statement analysis. It represents the amount of money remaining after all of Idaho Strategic Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Idaho Strategic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Idaho Strategic 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 Idaho Strategic 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 unemployment.
At this time, Idaho Strategic's
Selling General Administrative is relatively stable compared to the past year. As of 02/07/2025,
Issuance Of Capital Stock is likely to grow to about 2.3
M, while
Sales General And Administrative To Revenue is likely to drop 0.11.
Idaho Strategic fundamental ratios Correlations
Click cells to compare fundamentals
Idaho Strategic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Idaho Strategic fundamental ratios Accounts
Additional Tools for Idaho Stock Analysis
When running Idaho Strategic's price analysis, check to
measure Idaho Strategic'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 Idaho Strategic is operating at the current time. Most of Idaho Strategic's value examination focuses on studying past and present price action to
predict the probability of Idaho Strategic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Idaho Strategic's price. Additionally, you may evaluate how the addition of Idaho Strategic to your portfolios can decrease your overall portfolio volatility.