PNPN Stock | | | 0.75 0.03 3.85% |
Power Nickel financial indicator trend analysis is much more than just breaking down Power Nickel prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Power Nickel is a good investment. Please check the relationship between Power Nickel End Period Cash Flow and its Other Non Cash Items accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power Nickel. 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.
End Period Cash Flow vs Other Non Cash Items
End Period Cash Flow vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Power Nickel End Period Cash Flow account and
Other Non Cash Items. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Power Nickel's End Period Cash Flow and Other Non Cash Items is 0.46. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Power Nickel, assuming nothing else is changed. The correlation between historical values of Power Nickel's End Period Cash Flow and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Power Nickel are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of End Period Cash Flow i.e., Power Nickel's End Period Cash Flow and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
End Period Cash Flow
Other Non Cash Items
Most indicators from Power Nickel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Power Nickel 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 Power Nickel. 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.
At this time, Power Nickel's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 31.3
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.5
M in 2024.
Power Nickel fundamental ratios Correlations
Click cells to compare fundamentals
Power Nickel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Power Nickel fundamental ratios Accounts
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Additional Tools for Power Stock Analysis
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