| SSVR Stock | | | CAD 0.28 0.01 3.70% |
Summa Silver financial indicator trend analysis is much more than just breaking down Summa Silver Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Summa Silver Corp is a good investment. Please check the relationship between Summa Silver Net Receivables and its Other Stockholder Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Summa Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Net Receivables vs Other Stockholder Equity
Net Receivables vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Summa Silver Corp Net Receivables account and
Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Summa Silver's Net Receivables and Other Stockholder Equity is 0.81. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Summa Silver Corp, assuming nothing else is changed. The correlation between historical values of Summa Silver's Net Receivables and Other Stockholder Equity 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 Receivables of Summa Silver Corp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Receivables i.e., Summa Silver's Net Receivables and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Receivables
Other Stockholder Equity
Most indicators from Summa Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Summa Silver Corp 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 Summa Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Selling General Administrative is likely to drop to about 2.7
M in 2024.
Issuance Of Capital Stock is likely to drop to about 9.3
M in 2024
Summa Silver fundamental ratios Correlations
Click cells to compare fundamentals
Summa Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Summa Silver fundamental ratios Accounts
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Additional Tools for Summa Stock Analysis
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