ZUM Stock | | | CAD 0.08 0.00 0.00% |
ZoomerMedia financial indicator trend analysis is more than just analyzing ZoomerMedia Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZoomerMedia Limited is a good investment. Please check the relationship between ZoomerMedia Discontinued Operations and its Total Operating Expenses accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZoomerMedia Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Discontinued Operations vs Total Operating Expenses
Discontinued Operations vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ZoomerMedia Limited Discontinued Operations account and
Total Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ZoomerMedia's Discontinued Operations and Total Operating Expenses is 0.44. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of ZoomerMedia Limited, assuming nothing else is changed. The correlation between historical values of ZoomerMedia's Discontinued Operations and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of ZoomerMedia Limited are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Discontinued Operations i.e., ZoomerMedia's Discontinued Operations and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Discontinued Operations
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from ZoomerMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZoomerMedia Limited 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 ZoomerMedia Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, ZoomerMedia's Discontinued Operations is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 4.63 in 2024, whereas
Tax Provision is likely to drop slightly above 338
K in 2024.
ZoomerMedia fundamental ratios Correlations
Click cells to compare fundamentals
ZoomerMedia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ZoomerMedia fundamental ratios Accounts
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