DKM Stock | | | 0.10 0.01 9.09% |
Duketon Mining financial indicator trend analysis is much more than just examining Duketon Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Duketon Mining is a good investment. Please check the relationship between Duketon Mining Change To Operating Activities and its Change In Working Capital accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duketon Mining. 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 Operating Activities vs Change In Working Capital
Change To Operating Activities vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Duketon Mining Change To Operating Activities account and
Change In Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Duketon Mining's Change To Operating Activities and Change In Working Capital is -0.29. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Duketon Mining, assuming nothing else is changed. The correlation between historical values of Duketon Mining's Change To Operating Activities 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 Operating Activities of Duketon Mining 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 Operating Activities i.e., Duketon Mining's Change To Operating Activities and Change In Working Capital go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Operating Activities
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 Duketon Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Duketon Mining 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duketon Mining. 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, Duketon Mining's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is expected to grow at the current pace this year, whereas
Issuance Of Capital Stock is likely to drop slightly above 68.3
K in 2024.
Duketon Mining fundamental ratios Correlations
Click cells to compare fundamentals
Duketon Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Duketon Mining fundamental ratios Accounts
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Additional Tools for Duketon Stock Analysis
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measure Duketon Mining's 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 Duketon Mining is operating at the current time. Most of Duketon Mining's value examination focuses on studying past and present price action to
predict the probability of Duketon Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Duketon Mining's price. Additionally, you may evaluate how the addition of Duketon Mining to your portfolios can decrease your overall portfolio volatility.