| KNG Stock | | | CAD 0.44 0.03 7.32% |
Kingsmen Resources financial indicator trend analysis is infinitely more than just investigating Kingsmen Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kingsmen Resources is a good investment. Please check the relationship between Kingsmen Resources Sale Purchase Of Stock and its Free Cash Flow accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingsmen 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.
Sale Purchase Of Stock vs Free Cash Flow
Sale Purchase Of Stock vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kingsmen Resources Sale Purchase Of Stock account and
Free Cash Flow. At this time, the significance of the direction appears to have weak relationship.
The correlation between Kingsmen Resources' Sale Purchase Of Stock and Free Cash Flow is 0.34. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Kingsmen Resources, assuming nothing else is changed. The correlation between historical values of Kingsmen Resources' Sale Purchase Of Stock and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Kingsmen Resources are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Sale Purchase Of Stock i.e., Kingsmen Resources' Sale Purchase Of Stock and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.34 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Sale Purchase Of Stock
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Kingsmen Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kingsmen 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingsmen 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.
Issuance Of Capital Stock is likely to climb to about 840
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 226.4
K in 2024.
Kingsmen Resources fundamental ratios Correlations
Click cells to compare fundamentals
Kingsmen Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kingsmen Resources fundamental ratios Accounts
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Additional Tools for Kingsmen Stock Analysis
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