| WINS Stock | | | 0.17 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 Property Plant Equipment and its Retained Earnings 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.
Property Plant Equipment vs Retained Earnings
Property Plant Equipment vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Winshear Gold Corp Property Plant Equipment account and
Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Winshear Gold's Property Plant Equipment and Retained Earnings is -0.05. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Retained Earnings 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 Property Plant Equipment and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Winshear Gold Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant Equipment i.e., Winshear Gold's Property Plant Equipment and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.05 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Property Plant Equipment
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.
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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