| NMI Stock | | | CAD 0.03 0.01 14.29% |
Namibia Critical financial indicator trend analysis is infinitely more than just investigating Namibia Critical Metals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Namibia Critical Metals is a good investment. Please check the relationship between Namibia Critical Net Debt and its Short Term Investments accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Namibia Critical Metals. 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 Debt vs Short Term Investments
Net Debt vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Namibia Critical Metals Net Debt account and
Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Namibia Critical's Net Debt and Short Term Investments is -0.53. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Namibia Critical Metals, assuming nothing else is changed. The correlation between historical values of Namibia Critical's Net Debt and Short Term Investments 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 Debt of Namibia Critical Metals are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Debt i.e., Namibia Critical's Net Debt and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.53 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Short Term Investments
Short Term Investments is an item under the current assets section of Namibia Critical balance sheet. It contains any investments Namibia Critical Metals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Namibia Critical Metals can easily liquidate in the marketplace.
Most indicators from Namibia Critical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Namibia Critical Metals 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 Namibia Critical Metals. 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, Namibia Critical's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 16.9
M in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Namibia Critical fundamental ratios Correlations
Click cells to compare fundamentals
Namibia Critical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Namibia Critical 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 Namibia Stock Analysis
When running Namibia Critical's price analysis, check to
measure Namibia Critical'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 Namibia Critical is operating at the current time. Most of Namibia Critical's value examination focuses on studying past and present price action to
predict the probability of Namibia Critical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Namibia Critical's price. Additionally, you may evaluate how the addition of Namibia Critical to your portfolios can decrease your overall portfolio volatility.