Ophir Net Income vs Total Cashflows From Investing Activities Analysis
| SUFF Stock | USD 0.0002 0.00 0.00% |
Ophir Resources financial indicator trend analysis is much more than just breaking down Ophir Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ophir Resources is a good investment. Please check the relationship between Ophir Resources Net Income and its Total Cashflows From Investing Activities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ophir Resources Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Net Income vs Total Cashflows From Investing Activities
Net Income vs Total Cashflows From Investing Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ophir Resources Net Income account and Total Cashflows From Investing Activities. At this time, the significance of the direction appears to have pay attention.
The correlation between Ophir Resources' Net Income and Total Cashflows From Investing Activities is -0.91. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Cashflows From Investing Activities in the same time period over historical financial statements of Ophir Resources Co, assuming nothing else is changed. The correlation between historical values of Ophir Resources' Net Income and Total Cashflows From Investing Activities 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 Income of Ophir Resources Co are associated (or correlated) with its Total Cashflows From Investing Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cashflows From Investing Activities has no effect on the direction of Net Income i.e., Ophir Resources' Net Income and Total Cashflows From Investing Activities go up and down completely randomly.
Correlation Coefficient | -0.91 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Ophir Resources financial statement analysis. It represents the amount of money remaining after all of Ophir Resources Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Total Cashflows From Investing Activities
The net amount of cash used in or generated from a company's investment activities, such as purchasing or selling assets, during a reporting period.Most indicators from Ophir Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ophir 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 Ophir Resources Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Ophir Resources fundamental ratios Correlations
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Ophir Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether Ophir Resources is a strong investment it is important to analyze Ophir Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ophir Resources' future performance. For an informed investment choice regarding Ophir Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ophir Resources Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ophir Resources. If investors know Ophir will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ophir Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.526 | Return On Assets (0) | Return On Equity (0) |
The market value of Ophir Resources is measured differently than its book value, which is the value of Ophir that is recorded on the company's balance sheet. Investors also form their own opinion of Ophir Resources' value that differs from its market value or its book value, called intrinsic value, which is Ophir Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ophir Resources' market value can be influenced by many factors that don't directly affect Ophir Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ophir Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ophir Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ophir Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.