Sulliden Pocfratio vs Pb Ratio Analysis

SMC Stock  CAD 0.01  0.01  25.00%   
Sulliden Minerals financial indicator trend analysis is much more than just breaking down Sulliden Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sulliden Minerals is a good investment. Please check the relationship between Sulliden Minerals Pocfratio and its Pb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sulliden Minerals SA. 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.

Pocfratio vs Pb Ratio

Pocfratio vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sulliden Minerals Pocfratio account and Pb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Sulliden Minerals' Pocfratio and Pb Ratio is -1.0. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Sulliden Minerals SA, assuming nothing else is changed. The correlation between historical values of Sulliden Minerals' Pocfratio and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pocfratio of Sulliden Minerals SA are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Pocfratio i.e., Sulliden Minerals' Pocfratio and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-1.0
Relationship DirectionNegative 
Relationship StrengthStrong

Pocfratio

Pb Ratio

Most indicators from Sulliden Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sulliden Minerals 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 Sulliden Minerals SA. 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.
As of the 30th of November 2024, Selling General Administrative is likely to grow to about 2.6 M, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Interest Income26.4K20.2K18.2K17.3K
Net Interest Income26.4K19.2K17.3K16.4K

Sulliden Minerals fundamental ratios Correlations

1.00.95-0.07-0.740.310.730.790.88-0.260.510.880.32-0.150.110.070.620.740.360.150.340.07-0.310.540.31-0.35
1.00.94-0.12-0.750.360.730.780.89-0.290.530.880.28-0.20.050.010.590.730.340.20.330.01-0.360.570.36-0.39
0.950.940.1-0.680.120.70.780.82-0.10.50.820.440.020.330.290.630.740.35-0.080.40.29-0.110.360.06-0.17
-0.07-0.120.10.12-0.880.0-0.20.030.77-0.240.050.81.00.710.750.36-0.180.43-0.860.030.750.71-0.78-0.780.74
-0.74-0.75-0.680.12-0.4-0.99-0.43-0.780.39-0.67-0.77-0.110.170.00.05-0.45-0.4-0.18-0.380.090.050.37-0.46-0.450.43
0.310.360.12-0.88-0.40.270.420.17-0.880.240.15-0.7-0.88-0.59-0.65-0.030.38-0.280.92-0.21-0.65-0.780.950.91-0.88
0.730.730.70.0-0.990.270.410.78-0.270.680.770.21-0.060.090.050.460.390.210.26-0.050.05-0.270.360.33-0.3
0.790.780.78-0.2-0.430.420.410.41-0.220.130.410.18-0.250.180.140.540.990.030.080.350.14-0.240.670.18-0.27
0.880.890.820.03-0.780.170.780.41-0.230.681.00.32-0.050.01-0.020.50.340.470.180.22-0.02-0.30.30.34-0.33
-0.26-0.29-0.10.770.39-0.88-0.27-0.22-0.23-0.25-0.210.680.780.470.53-0.01-0.180.08-0.880.160.530.74-0.79-0.890.95
0.510.530.5-0.24-0.670.240.680.130.68-0.250.66-0.14-0.29-0.28-0.28-0.190.05-0.040.35-0.03-0.28-0.240.240.29-0.24
0.880.880.820.05-0.770.150.770.411.0-0.210.660.35-0.030.030.00.510.340.510.160.240.0-0.290.290.32-0.32
0.320.280.440.8-0.11-0.70.210.180.320.68-0.140.350.760.630.650.560.220.61-0.780.50.650.48-0.5-0.620.58
-0.15-0.20.021.00.17-0.88-0.06-0.25-0.050.78-0.29-0.030.760.70.740.32-0.220.39-0.85-0.030.740.72-0.79-0.780.75
0.110.050.330.710.0-0.590.090.180.010.47-0.280.030.630.71.00.570.220.35-0.740.131.00.75-0.43-0.650.56
0.070.010.290.750.05-0.650.050.14-0.020.53-0.280.00.650.741.00.530.180.34-0.780.151.00.78-0.48-0.70.62
0.620.590.630.36-0.45-0.030.460.540.5-0.01-0.190.510.560.320.570.530.550.56-0.20.170.53-0.030.180.03-0.09
0.740.730.74-0.18-0.40.380.390.990.34-0.180.050.340.22-0.220.220.180.550.040.040.380.18-0.210.640.14-0.22
0.360.340.350.43-0.18-0.280.210.030.470.08-0.040.510.610.390.350.340.560.04-0.250.370.340.14-0.19-0.030.04
0.150.2-0.08-0.86-0.380.920.260.080.18-0.880.350.16-0.78-0.85-0.74-0.78-0.20.04-0.25-0.35-0.78-0.790.790.96-0.86
0.340.330.40.030.09-0.21-0.050.350.220.16-0.030.240.5-0.030.130.150.170.380.37-0.350.150.0-0.06-0.240.11
0.070.010.290.750.05-0.650.050.14-0.020.53-0.280.00.650.741.01.00.530.180.34-0.780.150.78-0.48-0.70.62
-0.31-0.36-0.110.710.37-0.78-0.27-0.24-0.30.74-0.24-0.290.480.720.750.78-0.03-0.210.14-0.790.00.78-0.72-0.810.86
0.540.570.36-0.78-0.460.950.360.670.3-0.790.240.29-0.5-0.79-0.43-0.480.180.64-0.190.79-0.06-0.48-0.720.82-0.79
0.310.360.06-0.78-0.450.910.330.180.34-0.890.290.32-0.62-0.78-0.65-0.70.030.14-0.030.96-0.24-0.7-0.810.82-0.9
-0.35-0.39-0.170.740.43-0.88-0.3-0.27-0.330.95-0.24-0.320.580.750.560.62-0.09-0.220.04-0.860.110.620.86-0.79-0.9
Click cells to compare fundamentals

Sulliden Minerals Account Relationship Matchups

Sulliden Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.6M13.4M9.1M3.5M2.4M2.3M
Total Stockholder Equity14.6M12.9M8.4M2.7M314.9K299.2K
Net Tangible Assets12.8M14.6M12.0M8.4M7.6M13.2M
Property Plant And Equipment Net141.4K225.8K778.2K1.1M1.3M1.4M
Net Debt(205.0K)(201.2K)36.8K55.9K93.3K98.0K
Retained Earnings(14.4M)(16.0M)(29.0M)(34.5M)(37.0M)(35.2M)
Cash205.0K201.2K163.2K35.1K55.7K52.9K
Cash And Short Term Investments13.5M11.9M8.2M3.4M2.0M1.9M
Common Stock Shares Outstanding52.7M60.6M96.1M128.3M129.1M69.1M
Liabilities And Stockholders Equity15.6M13.4M9.1M3.5M2.4M2.3M
Other Stockholder Equity723.6K877.5K2.1M1.00.90.86
Total Current Assets14.9M12.3M9.1M3.5M2.4M2.3M
Accumulated Other Comprehensive Income723.6K623.6K2.1M2.0M2.0M2.1M
Property Plant Equipment141.4K225.8K778.2K1.1M1.3M1.4M
Other Current Liab1.0M520.4K518.0K672.8K1.9M2.0M
Total Current Liabilities1.0M520.9K718.6K764.3K2.1M2.2M
Accounts Payable1.0K520.92518.56439.01395.11559.35
Net Receivables1.3M580.1K786.5K23.9K287.8K566.3K
Short Term Investments13.2M11.7M8.0M3.3M2.0M1.9M
Other Current Assets71.0K42.2K119.9K93.0K61.3K99.9K
Total Liab1.0M520.9K718.6K764.3K2.1M2.2M
Net Invested Capital14.6M12.9M8.6M2.8M2.5M2.4M
Net Working Capital13.8M11.8M8.4M2.7M2.4M2.3M

Pair Trading with Sulliden Minerals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sulliden Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sulliden Minerals will appreciate offsetting losses from the drop in the long position's value.

Moving against Sulliden Stock

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The ability to find closely correlated positions to Sulliden Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sulliden Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sulliden Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sulliden Minerals SA to buy it.
The correlation of Sulliden Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sulliden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sulliden Minerals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sulliden Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Sulliden Stock

Balance Sheet is a snapshot of the financial position of Sulliden Minerals at a specified time, usually calculated after every quarter, six months, or one year. Sulliden Minerals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sulliden Minerals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sulliden currently owns. An asset can also be divided into two categories, current and non-current.