| NTE Stock | | | CAD 0.10 0.01 11.11% |
Network Media financial indicator trend analysis is infinitely more than just investigating Network Media Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Network Media Group is a good investment. Please check the relationship between Network Media Other Current Liab and its Common Stock Shares Outstanding accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Network Media Group. 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 Current Liab vs Common Stock Shares Outstanding
Other Current Liab vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Network Media Group Other Current Liab account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between Network Media's Other Current Liab and Common Stock Shares Outstanding is 0.26. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Network Media Group, assuming nothing else is changed. The correlation between historical values of Network Media's Other Current Liab and Common Stock Shares Outstanding 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 Current Liab of Network Media Group are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Liab i.e., Network Media's Other Current Liab and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.26 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Other Current Liab
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Network Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Network Media Group 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 Network Media Group. 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 climb to about 42.7
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.1
M in 2024.
Network Media fundamental ratios Correlations
Click cells to compare fundamentals
Network Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Network Media fundamental ratios Accounts
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