SLI Stock | | | 2.56 0.08 3.23% |
Standard Lithium financial indicator trend analysis is much more than just breaking down Standard Lithium prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Standard Lithium is a good investment. Please check the relationship between Standard Lithium Selling General Administrative and its Total Operating Expenses accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Lithium. 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.
For more information on how to buy Standard Stock please use our
How to Invest in Standard Lithium guide.
Selling General Administrative vs Total Operating Expenses
Selling General Administrative vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Standard Lithium Selling General Administrative account and
Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Standard Lithium's Selling General Administrative and Total Operating Expenses is 0.97. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Standard Lithium, assuming nothing else is changed. The correlation between historical values of Standard Lithium's Selling General Administrative and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Standard Lithium are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Selling General Administrative i.e., Standard Lithium's Selling General Administrative and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Selling General Administrative
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Standard Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Standard Lithium 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Lithium. 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.
For more information on how to buy Standard Stock please use our
How to Invest in Standard Lithium guide.
Tax Provision is likely to climb to about 26.9
M in 2024, whereas Selling General Administrative is likely to drop slightly above 18.2
M in 2024.
Standard Lithium fundamental ratios Correlations
Click cells to compare fundamentals
Standard Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Standard Lithium fundamental ratios Accounts
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Additional Tools for Standard Stock Analysis
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measure Standard Lithium'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 Standard Lithium is operating at the current time. Most of Standard Lithium's value examination focuses on studying past and present price action to
predict the probability of Standard Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Standard Lithium's price. Additionally, you may evaluate how the addition of Standard Lithium to your portfolios can decrease your overall portfolio volatility.