| LRA Stock | | | CAD 1.40 0.03 2.10% |
Lara Exploration financial indicator trend analysis is infinitely more than just investigating Lara Exploration recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lara Exploration is a good investment. Please check the relationship between Lara Exploration Other Assets and its Property Plant And Equipment Net accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lara Exploration. 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.
Other Assets vs Property Plant And Equipment Net
Other Assets vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lara Exploration Other Assets account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have no relationship.
The correlation between Lara Exploration's Other Assets and Property Plant And Equipment Net is 0.09. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Lara Exploration, assuming nothing else is changed. The correlation between historical values of Lara Exploration's Other Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Lara Exploration are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Assets i.e., Lara Exploration's Other Assets and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.09 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Other Assets
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Lara Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lara Exploration 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 Lara Exploration. 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.
Tax Provision is expected to grow at the current pace this year, whereas
Selling General Administrative is likely to drop slightly above 943.6
K in 2024.
Lara Exploration fundamental ratios Correlations
Click cells to compare fundamentals
Lara Exploration Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lara Exploration fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Lara Stock Analysis
When running Lara Exploration's price analysis, check to
measure Lara Exploration'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 Lara Exploration is operating at the current time. Most of Lara Exploration's value examination focuses on studying past and present price action to
predict the probability of Lara Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lara Exploration's price. Additionally, you may evaluate how the addition of Lara Exploration to your portfolios can decrease your overall portfolio volatility.