LBC Stock | | | CAD 0.39 0.01 2.50% |
Libero Copper financial indicator trend analysis is infinitely more than just investigating Libero Copper Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Libero Copper Corp is a good investment. Please check the relationship between Libero Copper Net Tangible Assets and its Common Stock Shares Outstanding accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Libero Copper Corp. 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.
Net Tangible Assets vs Common Stock Shares Outstanding
Net Tangible Assets vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Libero Copper Corp Net Tangible Assets account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Libero Copper's Net Tangible Assets and Common Stock Shares Outstanding is 0.6. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Libero Copper Corp, assuming nothing else is changed. The correlation between historical values of Libero Copper's Net Tangible Assets 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 Net Tangible Assets of Libero Copper Corp 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 Net Tangible Assets i.e., Libero Copper's Net Tangible Assets and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 Libero Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Libero Copper Corp 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 Libero Copper Corp. 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 7.2
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.2
M in 2024.
Libero Copper fundamental ratios Correlations
Click cells to compare fundamentals
Libero Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Libero Copper fundamental ratios Accounts
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Additional Tools for Libero Stock Analysis
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