Rakovina Stock Based Compensation vs Investments Analysis

RKV Stock  CAD 0.09  0.01  12.50%   
Rakovina Therapeutics financial indicator trend analysis is much more than just breaking down Rakovina Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rakovina Therapeutics is a good investment. Please check the relationship between Rakovina Therapeutics Stock Based Compensation and its Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rakovina Therapeutics. 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.

Stock Based Compensation vs Investments

Stock Based Compensation vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rakovina Therapeutics Stock Based Compensation account and Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Rakovina Therapeutics' Stock Based Compensation and Investments is 0.95. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Investments in the same time period over historical financial statements of Rakovina Therapeutics, assuming nothing else is changed. The correlation between historical values of Rakovina Therapeutics' Stock Based Compensation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Rakovina Therapeutics are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Stock Based Compensation i.e., Rakovina Therapeutics' Stock Based Compensation and Investments go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Rakovina Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rakovina Therapeutics 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 Rakovina Therapeutics. 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 drop to about 706.8 K in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
 2010 2022 2023 2024 (projected)
Reconciled Depreciation412.7K536.1K616.5K544.5K
Total Operating Expenses2.5M2.8M2.5M2.9M

Rakovina Therapeutics fundamental ratios Correlations

-0.710.65-0.69-0.71-0.73-0.57-0.570.580.58-0.340.580.51-0.24-0.450.58-0.230.580.510.390.39
-0.71-0.971.01.00.980.760.75-0.86-0.840.49-0.86-0.820.530.72-0.860.52-0.86-0.82-0.68-0.68
0.65-0.97-0.97-0.97-0.96-0.6-0.570.950.94-0.60.950.9-0.56-0.820.95-0.550.950.90.760.76
-0.691.0-0.971.00.980.760.74-0.86-0.840.49-0.86-0.820.530.72-0.860.52-0.86-0.82-0.69-0.69
-0.711.0-0.971.00.980.760.75-0.86-0.840.49-0.86-0.820.530.72-0.860.52-0.86-0.82-0.68-0.68
-0.730.98-0.960.980.980.750.73-0.84-0.840.57-0.83-0.760.380.7-0.840.36-0.83-0.76-0.61-0.61
-0.570.76-0.60.760.760.750.98-0.33-0.320.21-0.33-0.350.290.32-0.330.29-0.33-0.35-0.33-0.33
-0.570.75-0.570.740.750.730.98-0.3-0.270.08-0.3-0.270.190.2-0.30.19-0.3-0.27-0.21-0.21
0.58-0.860.95-0.86-0.86-0.84-0.33-0.30.99-0.631.00.95-0.6-0.861.0-0.591.00.950.810.81
0.58-0.840.94-0.84-0.84-0.84-0.32-0.270.99-0.730.980.94-0.54-0.90.99-0.520.980.940.80.8
-0.340.49-0.60.490.490.570.210.08-0.63-0.73-0.59-0.660.310.85-0.630.29-0.59-0.66-0.67-0.67
0.58-0.860.95-0.86-0.86-0.83-0.33-0.31.00.98-0.590.95-0.61-0.851.0-0.591.00.950.80.8
0.51-0.820.9-0.82-0.82-0.76-0.35-0.270.950.94-0.660.95-0.8-0.940.95-0.790.951.00.950.95
-0.240.53-0.560.530.530.380.290.19-0.6-0.540.31-0.61-0.80.73-0.61.0-0.61-0.8-0.91-0.91
-0.450.72-0.820.720.720.70.320.2-0.86-0.90.85-0.85-0.940.73-0.870.71-0.85-0.94-0.95-0.95
0.58-0.860.95-0.86-0.86-0.84-0.33-0.31.00.99-0.631.00.95-0.6-0.87-0.581.00.950.810.81
-0.230.52-0.550.520.520.360.290.19-0.59-0.520.29-0.59-0.791.00.71-0.58-0.59-0.79-0.9-0.9
0.58-0.860.95-0.86-0.86-0.83-0.33-0.31.00.98-0.591.00.95-0.61-0.851.0-0.590.950.80.8
0.51-0.820.9-0.82-0.82-0.76-0.35-0.270.950.94-0.660.951.0-0.8-0.940.95-0.790.950.950.95
0.39-0.680.76-0.69-0.68-0.61-0.33-0.210.810.8-0.670.80.95-0.91-0.950.81-0.90.80.951.0
0.39-0.680.76-0.69-0.68-0.61-0.33-0.210.810.8-0.670.80.95-0.91-0.950.81-0.90.80.951.0
Click cells to compare fundamentals

Rakovina Therapeutics Account Relationship Matchups

Rakovina Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Retained Earnings(1.1M)(13.0)(5.5M)(8.3M)(10.9M)(10.4M)

Thematic Opportunities

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Additional Tools for Rakovina Stock Analysis

When running Rakovina Therapeutics' price analysis, check to measure Rakovina Therapeutics' 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 Rakovina Therapeutics is operating at the current time. Most of Rakovina Therapeutics' value examination focuses on studying past and present price action to predict the probability of Rakovina Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rakovina Therapeutics' price. Additionally, you may evaluate how the addition of Rakovina Therapeutics to your portfolios can decrease your overall portfolio volatility.