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 Cash And Equivalents and its Net 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Antipa Minerals Cash And Equivalents account and
Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Antipa Minerals' Cash And Equivalents and Net Receivables is 0.53. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Net 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' Cash And Equivalents and Net 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 Cash And Equivalents of Antipa Minerals are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash And Equivalents i.e., Antipa Minerals' Cash And Equivalents and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.
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.