BMN Stock | | | 2.87 0.14 4.65% |
Bannerman Resources financial indicator trend analysis is way more than just evaluating Bannerman Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bannerman Resources is a good investment. Please check the relationship between Bannerman Resources Selling General Administrative and its Total Other Income Expense Net accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bannerman Resources. 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 vs Total Other Income Expense Net
Selling General Administrative vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bannerman Resources Selling General Administrative account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bannerman Resources' Selling General Administrative and Total Other Income Expense Net is -0.3. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Bannerman Resources, assuming nothing else is changed. The correlation between historical values of Bannerman Resources' Selling General Administrative and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Bannerman Resources are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Selling General Administrative i.e., Bannerman Resources' Selling General Administrative and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling General Administrative
Total Other Income Expense Net
Most indicators from Bannerman Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bannerman Resources 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 Bannerman Resources. 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 drop to about 2.4
M in 2024.
Issuance Of Capital Stock is likely to drop to about 150.8
K in 2024
Bannerman Resources fundamental ratios Correlations
Click cells to compare fundamentals
Bannerman Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bannerman Resources fundamental ratios Accounts
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