| FCM Stock | | | 1.85 0.05 2.78% |
First financial indicator trend analysis is much more than just examining First Class Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Class Metals is a good investment. Please check the relationship between First Retained Earnings and its Cash And Short Term Investments accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Class 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 bureau of economic analysis.
Retained Earnings vs Cash And Short Term Investments
Retained Earnings vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
First Class Metals Retained Earnings account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between First's Retained Earnings and Cash And Short Term Investments is 0.34. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of First Class Metals, assuming nothing else is changed. The correlation between historical values of First's Retained Earnings and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of First Class Metals are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Retained Earnings i.e., First's Retained Earnings and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.34 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of First Class Metals balance sheet. This account contains First investments that will expire within one year. These investments include stocks and bonds that can be liquidated by First Class Metals fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from First's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Class 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Class 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 bureau of economic analysis.
As of January 8, 2025,
Selling General Administrative is expected to decline to about 1.2
M. In addition to that,
Issuance Of Capital Stock is expected to decline to about 1.2
MFirst fundamental ratios Correlations
Click cells to compare fundamentals
First Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in First Stock
Balance Sheet is a snapshot of the
financial position of First Class Metals at a specified time, usually calculated after every quarter, six months, or one year. First Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of First 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 First currently owns. An asset can also be divided into two categories, current and non-current.