CYL Stock | | | 2.90 0.04 1.40% |
Catalyst Metals financial indicator trend analysis is way more than just evaluating Catalyst Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Catalyst Metals is a good investment. Please check the relationship between Catalyst Metals Change To Netincome and its Change In Working Capital accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Catalyst Metals. 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.
Change To Netincome vs Change In Working Capital
Change To Netincome vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Catalyst Metals Change To Netincome account and
Change In Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Catalyst Metals' Change To Netincome and Change In Working Capital is -0.02. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Catalyst Metals, assuming nothing else is changed. The correlation between historical values of Catalyst Metals' Change To Netincome and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Catalyst Metals are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Change To Netincome i.e., Catalyst Metals' Change To Netincome and Change In Working Capital go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Netincome
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Most indicators from Catalyst Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Catalyst Metals 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 Catalyst Metals. 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, Catalyst Metals'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 1.9
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 15
M in 2024.
Catalyst Metals fundamental ratios Correlations
Click cells to compare fundamentals
Catalyst Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Catalyst Metals fundamental ratios Accounts
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Additional Tools for Catalyst Stock Analysis
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predict the probability of Catalyst Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Catalyst Metals' price. Additionally, you may evaluate how the addition of Catalyst Metals to your portfolios can decrease your overall portfolio volatility.