IAU Net Income From Continuing Ops vs Cost Of Revenue Analysis
IAU Stock | 0.87 0.01 1.14% |
I 80 financial indicator trend analysis is infinitely more than just investigating i 80 Gold recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether i 80 Gold is a good investment. Please check the relationship between I 80 Net Income From Continuing Ops and its Cost Of Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in i 80 Gold 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 board of governors.
Net Income From Continuing Ops vs Cost Of Revenue
Net Income From Continuing Ops vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of i 80 Gold Net Income From Continuing Ops account and Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between I 80's Net Income From Continuing Ops and Cost Of Revenue is -0.79. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of i 80 Gold Corp, assuming nothing else is changed. The correlation between historical values of I 80's Net Income From Continuing Ops and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of i 80 Gold Corp are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Net Income From Continuing Ops i.e., I 80's Net Income From Continuing Ops and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.79 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Income From Continuing Ops
Cost Of Revenue
Cost of Revenue is found on i 80 Gold income statement and represents the costs associated with goods and services I 80 provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from I 80's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into i 80 Gold 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 i 80 Gold 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 board of governors. At this time, I 80's Selling General Administrative is very stable compared to the past year. As of the 30th of November 2024, Issuance Of Capital Stock is likely to grow to about 51.9 M, while Discontinued Operations is likely to drop about 11.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 24.0M | 65.4M | 73.7M | 38.6M | Cost Of Revenue | 387K | 33.4M | 60.1M | 63.1M |
I 80 fundamental ratios Correlations
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I 80 Account Relationship Matchups
High Positive Relationship
High Negative Relationship
I 80 fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 162.3M | 0.78 | 656.3M | 642.0M | 723.7M | 391.2M | |
Short Long Term Debt Total | 70.7M | 70.6M | 41.4M | 115.9M | 180.3M | 97.4M | |
Other Current Liab | 78.4M | 151.3M | 15.8M | 53.7M | 1.2M | 1.1M | |
Total Current Liabilities | 98.5M | 151.5M | 29.9M | 85.6M | 60.9M | 67.6M | |
Total Stockholder Equity | (14.1M) | 0.78 | 407.0M | 333.4M | 426.3M | 447.6M | |
Property Plant And Equipment Net | 94.7M | 100.2M | 502.6M | 529.3M | 519.1M | 292.8M | |
Net Debt | 44.5M | 70.6M | (46.2M) | 67.6M | 164.0M | 172.2M | |
Retained Earnings | (31.1M) | (33.9M) | 43.1M | (36.1M) | (82.3M) | (78.2M) | |
Accounts Payable | 20.1M | 113K | 8.5M | 10.6M | 12.8M | 8.9M | |
Cash | 26.2M | 0.78 | 87.7M | 48.3M | 16.3M | 30.0M | |
Non Current Assets Total | 103.3M | 100.2M | 534.9M | 564.7M | 683.9M | 718.1M | |
Non Currrent Assets Other | 8.6M | (100.2M) | 32.2M | 35.4M | 164.8M | 173.0M | |
Cash And Short Term Investments | 26.2M | 0.78 | 87.7M | 48.3M | 16.3M | 30.0M | |
Net Receivables | 27.5M | 10.3M | 393K | 623K | 4.3M | 4.1M | |
Liabilities And Stockholders Equity | 162.3M | 0.78 | 656.3M | 642.0M | 723.7M | 391.2M | |
Non Current Liabilities Total | 77.9M | 105K | 219.5M | 222.9M | 236.6M | 143.6M | |
Inventory | 4.2M | 4.4M | 26M | 16.5M | 11.4M | 10.5M | |
Other Current Assets | 938.0K | 4.5M | 2.7M | 6.3M | 3.2M | 4.3M | |
Total Liab | 176.4M | 159.8M | 249.4M | 308.5M | 297.4M | 237.8M | |
Total Current Assets | 58.9M | 0.78 | 121.5M | 77.3M | 39.8M | 53.2M | |
Accumulated Other Comprehensive Income | 6.8M | 7.1M | 13.7M | 15.0M | 19.3M | 11.6M | |
Other Assets | 8.6M | (100.2M) | 32.2M | 35.4M | 40.7M | 42.7M | |
Property Plant Equipment | 94.7M | 100.2M | 502.6M | 529.3M | 608.7M | 639.1M |
Pair Trading with I 80
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if I 80 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in I 80 will appreciate offsetting losses from the drop in the long position's value.Moving together with IAU Stock
Moving against IAU Stock
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The ability to find closely correlated positions to I 80 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace I 80 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back I 80 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling i 80 Gold Corp to buy it.
The correlation of I 80 is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as I 80 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if i 80 Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for I 80 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in i 80 Gold 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 board of governors. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.