| LITH Stock | | | CAD 0.64 0.01 1.54% |
Lithium Chile financial indicator trend analysis is infinitely more than just investigating Lithium Chile recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lithium Chile is a good investment. Please check the relationship between Lithium Chile Total Operating Expenses and its Net Income From Continuing Ops accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Chile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Total Operating Expenses vs Net Income From Continuing Ops
Total Operating Expenses 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
Lithium Chile Total Operating Expenses account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lithium Chile's Total Operating Expenses and Net Income From Continuing Ops is -0.19. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Lithium Chile, assuming nothing else is changed. The correlation between historical values of Lithium Chile's Total Operating Expenses 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 Total Operating Expenses of Lithium Chile 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 Total Operating Expenses i.e., Lithium Chile's Total Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.19 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Net Income From Continuing Ops
Most indicators from Lithium Chile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lithium Chile 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 Lithium Chile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
At this time, Lithium Chile's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 84.1
M in 2024, despite the fact that
Tax Provision is likely to grow to (45.1
K).
Lithium Chile fundamental ratios Correlations
Click cells to compare fundamentals
Lithium Chile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lithium Chile fundamental ratios Accounts
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Additional Tools for Lithium Stock Analysis
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measure Lithium Chile'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 Lithium Chile is operating at the current time. Most of Lithium Chile's value examination focuses on studying past and present price action to
predict the probability of Lithium Chile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lithium Chile's price. Additionally, you may evaluate how the addition of Lithium Chile to your portfolios can decrease your overall portfolio volatility.