| GMD Stock | | | 2.50 0.04 1.57% |
Genesis Minerals financial indicator trend analysis is much more than just examining Genesis Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genesis Minerals is a good investment. Please check the relationship between Genesis Minerals Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesis Minerals. 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.
Common Stock Shares Outstanding vs Cash And Short Term Investments
Common Stock Shares Outstanding 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
Genesis Minerals Common Stock Shares Outstanding account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Genesis Minerals' Common Stock Shares Outstanding and Cash And Short Term Investments is -0.57. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Genesis Minerals, assuming nothing else is changed. The correlation between historical values of Genesis Minerals' Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of Genesis Minerals 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 Common Stock Shares Outstanding i.e., Genesis Minerals' Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.57 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Genesis Minerals balance sheet. This account contains Genesis Minerals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Genesis Minerals 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 Genesis Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genesis Minerals 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesis Minerals. 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.
Selling General Administrative is likely to gain to about 15.1
M in 2024, despite the fact that
Tax Provision is likely to grow to (42.3
M).
Genesis Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Genesis Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Genesis Minerals fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Genesis Stock Analysis
When running Genesis Minerals' price analysis, check to
measure Genesis Minerals' 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 Genesis Minerals is operating at the current time. Most of Genesis Minerals' value examination focuses on studying past and present price action to
predict the probability of Genesis Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genesis Minerals' price. Additionally, you may evaluate how the addition of Genesis Minerals to your portfolios can decrease your overall portfolio volatility.