MGX Stock | | | 0.30 0.01 3.23% |
Mount Gibson financial indicator trend analysis is infinitely more than just investigating Mount Gibson Iron recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mount Gibson Iron is a good investment. Please check the relationship between Mount Gibson Common Stock Shares Outstanding 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 Mount Gibson Iron. 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.
Common Stock Shares Outstanding vs Property Plant And Equipment Net
Common Stock Shares Outstanding 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
Mount Gibson Iron Common Stock Shares Outstanding account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mount Gibson's Common Stock Shares Outstanding and Property Plant And Equipment Net is -0.23. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Mount Gibson Iron, assuming nothing else is changed. The correlation between historical values of Mount Gibson's Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of Mount Gibson Iron 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 Common Stock Shares Outstanding i.e., Mount Gibson's Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Mount Gibson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mount Gibson Iron 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 Mount Gibson Iron. 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 likely to gain to about 48.3
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 16.9
M in 2024.
Mount Gibson fundamental ratios Correlations
Click cells to compare fundamentals
Mount Gibson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mount Gibson fundamental ratios Accounts
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