PGX Stock | | | CAD 0.1 0.01 5.00% |
Prosper Gold financial indicator trend analysis is much more than just breaking down Prosper Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prosper Gold Corp is a good investment. Please check the relationship between Prosper Gold Investments and its Capital Expenditures accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prosper 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.
Investments vs Capital Expenditures
Investments vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Prosper Gold Corp Investments account and
Capital Expenditures. At this time, the significance of the direction appears to have very week relationship.
The correlation between Prosper Gold's Investments and Capital Expenditures is 0.26. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Prosper Gold Corp, assuming nothing else is changed. The correlation between historical values of Prosper Gold's Investments and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Prosper Gold Corp are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Investments i.e., Prosper Gold's Investments and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Capital Expenditures
Capital Expenditures are funds used by Prosper Gold Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Prosper Gold operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Prosper Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prosper 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prosper 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.
Issuance Of Capital Stock is likely to climb to about 2.2
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.2
M in 2024.
Prosper Gold fundamental ratios Correlations
Click cells to compare fundamentals
Prosper Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prosper Gold fundamental ratios Accounts
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Additional Tools for Prosper Stock Analysis
When running Prosper Gold's price analysis, check to
measure Prosper Gold'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 Prosper Gold is operating at the current time. Most of Prosper Gold's value examination focuses on studying past and present price action to
predict the probability of Prosper Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prosper Gold's price. Additionally, you may evaluate how the addition of Prosper Gold to your portfolios can decrease your overall portfolio volatility.