Tungsten Change To Inventory vs Stock Based Compensation Analysis
TUN Stock | 3.00 0.25 9.09% |
Tungsten West financial indicator trend analysis is much more than just breaking down Tungsten West PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tungsten West PLC is a good investment. Please check the relationship between Tungsten West Change To Inventory and its Stock Based Compensation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tungsten West PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Change To Inventory vs Stock Based Compensation
Change To Inventory vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tungsten West PLC Change To Inventory account and Stock Based Compensation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tungsten West's Change To Inventory and Stock Based Compensation is -0.35. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Tungsten West PLC, assuming nothing else is changed. The correlation between historical values of Tungsten West's Change To Inventory and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Tungsten West PLC are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change To Inventory i.e., Tungsten West's Change To Inventory and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most indicators from Tungsten West's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tungsten West PLC 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 Tungsten West PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. As of November 29, 2024, Tax Provision is expected to decline to about (657.6 K). In addition to that, Selling General Administrative is expected to decline to about 7 M
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 209.2K | 514.4K | 522.9K | 316.6K | Interest Income | 95.9K | 371.1K | 426.8K | 448.1K |
Tungsten West fundamental ratios Correlations
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Tungsten West Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Tungsten Stock
Balance Sheet is a snapshot of the financial position of Tungsten West PLC at a specified time, usually calculated after every quarter, six months, or one year. Tungsten West Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tungsten West 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 Tungsten currently owns. An asset can also be divided into two categories, current and non-current.