| NVX Stock | | | CAD 0.17 0.02 13.33% |
NV Gold financial indicator trend analysis is infinitely more than just investigating NV Gold Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NV Gold Corp is a good investment. Please check the relationship between NV Gold Property Plant And Equipment Net and its Long Term Investments accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NV Gold 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.
Property Plant And Equipment Net vs Long Term Investments
Property Plant And Equipment Net vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NV Gold Corp Property Plant And Equipment Net account and
Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between NV Gold's Property Plant And Equipment Net and Long Term Investments is 0.67. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of NV Gold Corp, assuming nothing else is changed. The correlation between historical values of NV Gold's Property Plant And Equipment Net and Long 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 Property Plant And Equipment Net of NV Gold Corp are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., NV Gold's Property Plant And Equipment Net and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.67 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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.
Long Term Investments
Long Term Investments is an item on the asset side of NV Gold balance sheet that represents investments NV Gold Corp intends to hold for over a year. NV Gold Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from NV Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NV Gold 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 NV Gold 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.
Selling General Administrative is likely to climb to about 713.7
K in 2025, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2025.
NV Gold fundamental ratios Correlations
Click cells to compare fundamentals
NV Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NV Gold fundamental ratios Accounts
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