Ajax Net Income From Continuing Ops vs Selling General Administrative Analysis

AJAX Stock   3.00  0.00  0.00%   
Ajax Resources financial indicator trend analysis is way more than just evaluating Ajax Resources PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ajax Resources PLC is a good investment. Please check the relationship between Ajax Resources Net Income From Continuing Ops and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ajax Resources 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 board of governors.

Net Income From Continuing Ops vs Selling General Administrative

Net Income From Continuing Ops vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ajax Resources PLC Net Income From Continuing Ops account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ajax Resources' Net Income From Continuing Ops and Selling General Administrative is 0.41. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Ajax Resources PLC, assuming nothing else is changed. The correlation between historical values of Ajax Resources' Net Income From Continuing Ops and Selling General Administrative 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 From Continuing Ops of Ajax Resources PLC are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Income From Continuing Ops i.e., Ajax Resources' Net Income From Continuing Ops and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income From Continuing Ops

Selling General Administrative

Most indicators from Ajax Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ajax Resources 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ajax Resources 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 board of governors.
Selling General Administrative is likely to gain to about 436.1 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2010 2023 2024 (projected)
Interest Income16.3K138.3K85.0K
Net Interest Income16.3K138.3K85.0K

Ajax Resources fundamental ratios Correlations

-0.99-0.990.99-0.65-0.84-0.990.850.850.94-0.70.52-0.990.991.00.960.990.96-0.65-0.49-0.65-0.65
-0.991.0-0.990.720.91.0-0.91-0.91-0.960.7-0.41.0-0.99-0.99-0.98-0.99-0.980.720.520.720.72
-0.991.0-0.990.710.91.0-0.91-0.91-0.960.69-0.411.0-0.99-0.99-0.98-0.99-0.980.710.520.710.71
0.99-0.99-0.99-0.61-0.84-0.980.870.870.97-0.610.51-0.991.00.990.981.00.98-0.61-0.4-0.61-0.61
-0.650.720.71-0.610.930.74-0.81-0.81-0.570.830.270.71-0.61-0.65-0.65-0.61-0.651.00.891.01.0
-0.840.90.9-0.840.930.91-0.96-0.96-0.830.740.020.9-0.84-0.84-0.88-0.84-0.880.930.710.930.93
-0.991.01.0-0.980.740.91-0.92-0.92-0.950.71-0.381.0-0.98-0.99-0.98-0.98-0.980.740.550.740.74
0.85-0.91-0.910.87-0.81-0.96-0.921.00.92-0.550.04-0.910.880.850.940.870.94-0.81-0.49-0.81-0.81
0.85-0.91-0.910.87-0.81-0.96-0.921.00.92-0.550.04-0.910.880.850.940.870.94-0.81-0.49-0.81-0.81
0.94-0.96-0.960.97-0.57-0.83-0.950.920.92-0.450.42-0.960.980.940.990.970.99-0.57-0.27-0.57-0.57
-0.70.70.69-0.610.830.740.71-0.55-0.55-0.45-0.140.69-0.61-0.7-0.55-0.61-0.550.830.940.830.83
0.52-0.4-0.410.510.270.02-0.380.040.040.42-0.14-0.410.510.520.370.510.370.270.20.270.27
-0.991.01.0-0.990.710.91.0-0.91-0.91-0.960.69-0.41-0.99-0.99-0.98-0.99-0.980.710.520.710.71
0.99-0.99-0.991.0-0.61-0.84-0.980.880.880.98-0.610.51-0.990.990.981.00.98-0.61-0.4-0.61-0.61
1.0-0.99-0.990.99-0.65-0.84-0.990.850.850.94-0.70.52-0.990.990.960.990.96-0.65-0.49-0.65-0.65
0.96-0.98-0.980.98-0.65-0.88-0.980.940.940.99-0.550.37-0.980.980.960.981.0-0.65-0.38-0.65-0.65
0.99-0.99-0.991.0-0.61-0.84-0.980.870.870.97-0.610.51-0.991.00.990.980.98-0.61-0.4-0.61-0.61
0.96-0.98-0.980.98-0.65-0.88-0.980.940.940.99-0.550.37-0.980.980.961.00.98-0.65-0.38-0.65-0.65
-0.650.720.71-0.611.00.930.74-0.81-0.81-0.570.830.270.71-0.61-0.65-0.65-0.61-0.650.891.01.0
-0.490.520.52-0.40.890.710.55-0.49-0.49-0.270.940.20.52-0.4-0.49-0.38-0.4-0.380.890.890.89
-0.650.720.71-0.611.00.930.74-0.81-0.81-0.570.830.270.71-0.61-0.65-0.65-0.61-0.651.00.891.0
-0.650.720.71-0.611.00.930.74-0.81-0.81-0.570.830.270.71-0.61-0.65-0.65-0.61-0.651.00.891.0
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Ajax Resources Account Relationship Matchups

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