AZY Stock | | | 0.03 0.01 19.35% |
Antipa Minerals financial indicator trend analysis is way more than just evaluating Antipa Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Antipa Minerals is a good investment. Please check the relationship between Antipa Minerals Capital Expenditures and its Change To Account Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Antipa Minerals. 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.
Capital Expenditures vs Change To Account Receivables
Capital Expenditures vs Change To Account Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Antipa Minerals Capital Expenditures account and
Change To Account Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between Antipa Minerals' Capital Expenditures and Change To Account Receivables is 0.23. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Antipa Minerals, assuming nothing else is changed. The correlation between historical values of Antipa Minerals' Capital Expenditures and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Antipa Minerals are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Capital Expenditures i.e., Antipa Minerals' Capital Expenditures and Change To Account Receivables go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Capital Expenditures
Capital Expenditures are funds used by Antipa Minerals to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Antipa Minerals operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Change To Account Receivables
Most indicators from Antipa Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Antipa Minerals 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 Antipa Minerals. 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 1
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 12.1
M in 2024.
Antipa Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Antipa Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Antipa Minerals fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Antipa Stock Analysis
When running Antipa Minerals' price analysis, check to
measure Antipa Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Antipa Minerals is operating at the current time. Most of Antipa Minerals' value examination focuses on studying past and present price action to
predict the probability of Antipa Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Antipa Minerals' price. Additionally, you may evaluate how the addition of Antipa Minerals to your portfolios can decrease your overall portfolio volatility.