| PEX Stock | | | 0.12 0.00 0.00% |
Peel Mining financial indicator trend analysis is much more than just breaking down Peel Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Peel Mining is a good investment. Please check the relationship between Peel Mining Total Stockholder Equity and its Current Deferred Revenue accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peel 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.
Total Stockholder Equity vs Current Deferred Revenue
Total Stockholder Equity vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Peel Mining Total Stockholder Equity account and
Current Deferred Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Peel Mining's Total Stockholder Equity and Current Deferred Revenue is -0.55. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Peel Mining, assuming nothing else is changed. The correlation between historical values of Peel Mining's Total Stockholder Equity and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Peel Mining are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Stockholder Equity i.e., Peel Mining's Total Stockholder Equity and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.55 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Peel Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Peel 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 Peel 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 1.4
M in 2024, despite the fact that
Tax Provision is likely to grow to (1.3
M).
Peel Mining fundamental ratios Correlations
Click cells to compare fundamentals
Peel Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Peel Mining 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 Peel Stock Analysis
When running Peel Mining's price analysis, check to
measure Peel Mining'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 Peel Mining is operating at the current time. Most of Peel Mining's value examination focuses on studying past and present price action to
predict the probability of Peel Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Peel Mining's price. Additionally, you may evaluate how the addition of Peel Mining to your portfolios can decrease your overall portfolio volatility.