SRL Stock | | | CAD 0.08 0.00 0.00% |
Salazar Resources financial indicator trend analysis is much more than just breaking down Salazar Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Salazar Resources is a good investment. Please check the relationship between Salazar Resources Retained Earnings and its Common Stock accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Salazar Resources Limited. 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.
Retained Earnings vs Common Stock
Retained Earnings vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Salazar Resources Retained Earnings account and
Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Salazar Resources' Retained Earnings and Common Stock is -0.75. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock in the same time period over historical financial statements of Salazar Resources Limited, assuming nothing else is changed. The correlation between historical values of Salazar Resources' Retained Earnings and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Salazar Resources Limited are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Retained Earnings i.e., Salazar Resources' Retained Earnings and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.75 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Common Stock
Most indicators from Salazar Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Salazar 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Salazar Resources Limited. 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, Salazar Resources'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 13
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 388.1
K in 2024.
Salazar Resources fundamental ratios Correlations
Click cells to compare fundamentals
Salazar Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Salazar Resources fundamental ratios Accounts
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Additional Tools for Salazar Stock Analysis
When running Salazar Resources' price analysis, check to
measure Salazar Resources' 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 Salazar Resources is operating at the current time. Most of Salazar Resources' value examination focuses on studying past and present price action to
predict the probability of Salazar Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Salazar Resources' price. Additionally, you may evaluate how the addition of Salazar Resources to your portfolios can decrease your overall portfolio volatility.