MetalsGrove Capital Stock vs Other Assets Analysis

MGA Stock   0.06  0  6.78%   
MetalsGrove Mining financial indicator trend analysis is infinitely more than just investigating MetalsGrove Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MetalsGrove Mining is a good investment. Please check the relationship between MetalsGrove Mining Capital Stock and its Other Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MetalsGrove Mining. 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.

Capital Stock vs Other Assets

Capital Stock vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MetalsGrove Mining Capital Stock account and Other Assets. At this time, the significance of the direction appears to have totally related.
The correlation between MetalsGrove Mining's Capital Stock and Other Assets is 1.0. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Other Assets in the same time period over historical financial statements of MetalsGrove Mining, assuming nothing else is changed. The correlation between historical values of MetalsGrove Mining's Capital Stock and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of MetalsGrove Mining are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Capital Stock i.e., MetalsGrove Mining's Capital Stock and Other Assets go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Other Assets

Most indicators from MetalsGrove Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MetalsGrove Mining 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 MetalsGrove Mining. 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.
Selling General Administrative is likely to gain to about 155.1 K in 2024
 2010 2022 2023 2024 (projected)
Gross Profit5.1K76.4K50.4K48.4K
Total Revenue5.1K76.4K50.4K48.4K

MetalsGrove Mining fundamental ratios Correlations

0.971.0-0.68-0.91.00.970.88-0.69-0.660.88-0.850.360.710.970.89-0.98-0.820.930.930.930.930.930.93
0.970.96-0.48-0.770.971.00.74-0.5-0.820.74-0.710.570.861.00.75-0.99-0.690.940.940.940.940.940.94
1.00.96-0.72-0.920.990.960.89-0.73-0.620.89-0.860.310.680.960.9-0.96-0.820.940.940.940.940.940.94
-0.68-0.48-0.720.93-0.67-0.48-0.931.0-0.1-0.930.930.440.03-0.48-0.930.530.89-0.54-0.54-0.54-0.54-0.54-0.54
-0.9-0.77-0.920.93-0.89-0.77-1.00.930.27-1.00.990.08-0.34-0.77-1.00.810.96-0.76-0.76-0.76-0.76-0.76-0.76
1.00.970.99-0.67-0.890.970.88-0.68-0.670.88-0.850.370.720.970.88-0.98-0.830.920.920.920.920.920.92
0.971.00.96-0.48-0.770.970.74-0.5-0.820.74-0.710.570.861.00.75-0.99-0.690.940.940.940.940.940.94
0.880.740.89-0.93-1.00.880.74-0.94-0.231.0-1.0-0.120.310.741.0-0.79-0.980.720.720.720.720.720.72
-0.69-0.5-0.731.00.93-0.68-0.5-0.94-0.08-0.940.940.420.01-0.5-0.930.550.9-0.55-0.55-0.55-0.55-0.55-0.55
-0.66-0.82-0.62-0.10.27-0.67-0.82-0.23-0.08-0.230.19-0.94-1.0-0.82-0.240.770.19-0.73-0.73-0.73-0.73-0.73-0.73
0.880.740.89-0.93-1.00.880.741.0-0.94-0.23-1.0-0.120.310.741.0-0.79-0.980.720.720.720.720.720.72
-0.85-0.71-0.860.930.99-0.85-0.71-1.00.940.19-1.00.16-0.26-0.71-1.00.770.99-0.66-0.66-0.66-0.66-0.66-0.66
0.360.570.310.440.080.370.57-0.120.42-0.94-0.120.160.910.57-0.11-0.510.150.480.480.480.480.480.48
0.710.860.680.03-0.340.720.860.310.01-1.00.31-0.260.910.860.32-0.82-0.260.770.770.770.770.770.77
0.971.00.96-0.48-0.770.971.00.74-0.5-0.820.74-0.710.570.860.75-0.99-0.690.940.940.940.940.940.94
0.890.750.9-0.93-1.00.880.751.0-0.93-0.241.0-1.0-0.110.320.75-0.8-0.980.720.720.720.720.720.72
-0.98-0.99-0.960.530.81-0.98-0.99-0.790.550.77-0.790.77-0.51-0.82-0.99-0.80.77-0.89-0.89-0.89-0.89-0.89-0.89
-0.82-0.69-0.820.890.96-0.83-0.69-0.980.90.19-0.980.990.15-0.26-0.69-0.980.77-0.59-0.59-0.59-0.59-0.59-0.59
0.930.940.94-0.54-0.760.920.940.72-0.55-0.730.72-0.660.480.770.940.72-0.89-0.591.01.01.01.01.0
0.930.940.94-0.54-0.760.920.940.72-0.55-0.730.72-0.660.480.770.940.72-0.89-0.591.01.01.01.01.0
0.930.940.94-0.54-0.760.920.940.72-0.55-0.730.72-0.660.480.770.940.72-0.89-0.591.01.01.01.01.0
0.930.940.94-0.54-0.760.920.940.72-0.55-0.730.72-0.660.480.770.940.72-0.89-0.591.01.01.01.01.0
0.930.940.94-0.54-0.760.920.940.72-0.55-0.730.72-0.660.480.770.940.72-0.89-0.591.01.01.01.01.0
0.930.940.94-0.54-0.760.920.940.72-0.55-0.730.72-0.660.480.770.940.72-0.89-0.591.01.01.01.01.0
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MetalsGrove Mining Account Relationship Matchups

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Additional Tools for MetalsGrove Stock Analysis

When running MetalsGrove Mining's price analysis, check to measure MetalsGrove Mining'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 MetalsGrove Mining is operating at the current time. Most of MetalsGrove Mining's value examination focuses on studying past and present price action to predict the probability of MetalsGrove Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MetalsGrove Mining's price. Additionally, you may evaluate how the addition of MetalsGrove Mining to your portfolios can decrease your overall portfolio volatility.