| MMG Stock | | | CAD 0.14 0.02 12.50% |
Metallic Minerals financial indicator trend analysis is infinitely more than just investigating Metallic Minerals Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metallic Minerals Corp is a good investment. Please check the relationship between Metallic Minerals Net Income and its Stock Based Compensation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metallic Minerals 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 Income vs Stock Based Compensation
Net Income vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Metallic Minerals Corp Net Income account and
Stock Based Compensation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Metallic Minerals' Net Income and Stock Based Compensation is -0.47. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Metallic Minerals Corp, assuming nothing else is changed. The correlation between historical values of Metallic Minerals' Net Income and Stock Based Compensation 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 Income of Metallic Minerals Corp are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Net Income i.e., Metallic Minerals' Net Income and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | -0.47 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Metallic Minerals Corp financial statement analysis. It represents the amount of money remaining after all of Metallic Minerals Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Metallic Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metallic Minerals 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 Metallic Minerals 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.
At this time, Metallic Minerals'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 45.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 5.3
M in 2024.
Metallic Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Metallic Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Metallic Minerals fundamental ratios Accounts
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