EDV Stock | | | 1,544 5.00 0.32% |
Endeavour Mining financial indicator trend analysis is much more than just examining Endeavour Mining Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Endeavour Mining Corp is a good investment. Please check the relationship between Endeavour Mining Common Stock Shares Outstanding and its Net Receivables accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Mining Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Common Stock Shares Outstanding vs Net Receivables
Common Stock Shares Outstanding vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Endeavour Mining Corp Common Stock Shares Outstanding account and
Net Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Endeavour Mining's Common Stock Shares Outstanding and Net Receivables is 0.15. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Endeavour Mining Corp, assuming nothing else is changed. The correlation between historical values of Endeavour Mining's Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of Endeavour Mining Corp 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 Common Stock Shares Outstanding i.e., Endeavour Mining's Common Stock Shares Outstanding and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Net Receivables
Most indicators from Endeavour Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Endeavour Mining Corp 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 Endeavour Mining Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At present, Endeavour Mining's
Discontinued Operations is projected to increase significantly based on the last few years of reporting.
Endeavour Mining fundamental ratios Correlations
Click cells to compare fundamentals
Endeavour Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Endeavour Mining fundamental ratios Accounts
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Other Information on Investing in Endeavour Stock
Balance Sheet is a snapshot of the
financial position of Endeavour Mining Corp at a specified time, usually calculated after every quarter, six months, or one year. Endeavour Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Endeavour Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Endeavour currently owns. An asset can also be divided into two categories, current and non-current.