Raiden Resources financial indicator trend analysis is much more than just breaking down Raiden Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Raiden Resources is a good investment. Please check the relationship between Raiden Resources Net Income From Continuing Ops and its Net Interest Income accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raiden Resources. 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.
Net Income From Continuing Ops vs Net Interest Income
Net Income From Continuing Ops vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Raiden Resources Net Income From Continuing Ops account and
Net Interest Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Raiden Resources' Net Income From Continuing Ops and Net Interest Income is 0.8. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Raiden Resources, assuming nothing else is changed. The correlation between historical values of Raiden Resources' Net Income From Continuing Ops and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Raiden Resources are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Net Income From Continuing Ops i.e., Raiden Resources' Net Income From Continuing Ops and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Income From Continuing Ops
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Raiden Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Raiden Resources 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 Raiden Resources. 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 gain to about 2.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 946.3
K in 2024.
Raiden Resources fundamental ratios Correlations
Click cells to compare fundamentals
Raiden Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Raiden Resources fundamental ratios Accounts
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Additional Tools for Raiden Stock Analysis
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