| CPL Stock | | | CAD 0.01 0.01 100.00% |
Copper Lake financial indicator trend analysis is way more than just evaluating Copper Lake Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Copper Lake Resources is a good investment. Please check the relationship between Copper Lake Roic and its Earnings Yield accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Copper Lake 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.
Roic vs Earnings Yield
Roic vs Earnings Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Copper Lake Resources Roic account and
Earnings Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Copper Lake's Roic and Earnings Yield is -0.23. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Earnings Yield in the same time period over historical financial statements of Copper Lake Resources, assuming nothing else is changed. The correlation between historical values of Copper Lake's Roic and Earnings Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Copper Lake Resources are associated (or correlated) with its Earnings Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earnings Yield has no effect on the direction of Roic i.e., Copper Lake's Roic and Earnings Yield go up and down completely randomly.
Correlation Coefficient | -0.23 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Earnings Yield
The inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company.
Most indicators from Copper Lake's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Copper Lake 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 Copper Lake 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.
At this time, Copper Lake's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 5.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 1
M in 2024.
Copper Lake fundamental ratios Correlations
Click cells to compare fundamentals
Copper Lake Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Copper Lake fundamental ratios Accounts
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Additional Tools for Copper Stock Analysis
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