OBM Stock | | | 0.67 0.05 6.94% |
Ora Banda financial indicator trend analysis is much more than just breaking down Ora Banda Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ora Banda Mining is a good investment. Please check the relationship between Ora Banda Retained Earnings and its Common Stock Total Equity accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ora Banda Mining. 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.
Retained Earnings vs Common Stock Total Equity
Retained Earnings vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ora Banda Mining Retained Earnings account and
Common Stock Total Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Ora Banda's Retained Earnings and Common Stock Total Equity is -0.95. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Ora Banda Mining, assuming nothing else is changed. The correlation between historical values of Ora Banda's Retained Earnings and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Ora Banda Mining are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Retained Earnings i.e., Ora Banda's Retained Earnings and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.95 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Ora Banda's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ora Banda Mining 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ora Banda Mining. 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 gain to about 17.5
M in 2024.
Issuance Of Capital Stock is likely to gain to about 34
M in 2024
Ora Banda fundamental ratios Correlations
Click cells to compare fundamentals
Ora Banda Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ora Banda fundamental ratios Accounts
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Additional Tools for Ora Stock Analysis
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