| WINS Stock | | | 0.15 0.01 6.25% |
Winshear Gold financial indicator trend analysis is more than just analyzing Winshear Gold Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Winshear Gold Corp is a good investment. Please check the relationship between Winshear Gold Other Current Assets and its Short Term Investments accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winshear Gold 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 state.
Other Current Assets vs Short Term Investments
Other Current Assets vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Winshear Gold Corp Other Current Assets account and
Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Winshear Gold's Other Current Assets and Short Term Investments is -0.36. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Winshear Gold Corp, assuming nothing else is changed. The correlation between historical values of Winshear Gold's Other Current Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Winshear Gold Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Current Assets i.e., Winshear Gold's Other Current Assets and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.36 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Short Term Investments
Short Term Investments is an item under the current assets section of Winshear Gold balance sheet. It contains any investments Winshear Gold Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Winshear Gold Corp can easily liquidate in the marketplace.
Most indicators from Winshear Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Winshear Gold 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winshear Gold 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 state.
Selling General Administrative is likely to climb to about 1.6
M in 2024.
Issuance Of Capital Stock is likely to climb to about 673.6
K in 2024
Winshear Gold fundamental ratios Correlations
Click cells to compare fundamentals
Winshear Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Winshear Gold fundamental ratios Accounts
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Additional Tools for Winshear Stock Analysis
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