IAU Net Income From Continuing Ops vs Interest Income 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 Interest Income 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 Interest Income

Net Income From Continuing Ops vs Interest Income 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 Interest Income. 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 Interest Income is -0.93. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Interest Income 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 Interest Income 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 Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Net Income From Continuing Ops i.e., I 80's Net Income From Continuing Ops and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income From Continuing Ops

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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 Expenses24.0M65.4M73.7M38.6M
Cost Of Revenue387K33.4M60.1M63.1M

I 80 fundamental ratios Correlations

0.59-0.85-0.750.910.970.11-0.080.570.750.890.680.75-0.670.990.85-0.080.950.02-0.110.890.910.920.650.290.9
0.59-0.51-0.190.550.570.75-0.770.43-0.040.620.66-0.04-0.430.570.160.070.69-0.470.180.630.590.590.330.320.61
-0.85-0.510.89-0.89-0.78-0.290.22-0.62-0.65-0.88-0.89-0.650.6-0.87-0.660.22-0.750.0-0.01-0.89-0.88-0.88-0.78-0.11-0.87
-0.75-0.190.89-0.69-0.630.09-0.19-0.42-0.7-0.63-0.67-0.70.35-0.79-0.650.21-0.55-0.360.17-0.65-0.66-0.67-0.810.16-0.63
0.910.55-0.89-0.690.930.29-0.220.540.720.990.750.72-0.80.880.83-0.080.9-0.190.030.991.01.00.530.490.99
0.970.57-0.78-0.630.930.1-0.080.590.780.920.560.78-0.820.940.89-0.060.95-0.170.060.90.930.930.460.510.93
0.110.75-0.290.090.290.1-0.980.12-0.420.380.63-0.42-0.150.1-0.270.190.26-0.530.170.410.320.320.160.210.35
-0.08-0.770.22-0.19-0.22-0.08-0.98-0.220.44-0.33-0.560.440.17-0.060.31-0.13-0.250.59-0.27-0.35-0.27-0.26-0.1-0.21-0.3
0.570.43-0.62-0.420.540.590.12-0.220.550.580.480.55-0.680.580.44-0.620.57-0.290.450.550.550.550.420.160.58
0.75-0.04-0.65-0.70.720.78-0.420.440.550.670.281.0-0.670.740.94-0.270.650.18-0.030.640.70.70.440.260.68
0.890.62-0.88-0.630.990.920.38-0.330.580.670.770.67-0.810.860.77-0.060.91-0.270.081.01.01.00.520.511.0
0.680.66-0.89-0.670.750.560.63-0.560.480.280.770.28-0.360.70.36-0.130.65-0.04-0.120.810.760.760.780.00.76
0.75-0.04-0.65-0.70.720.78-0.420.440.551.00.670.28-0.670.740.94-0.270.650.18-0.030.640.70.70.440.260.68
-0.67-0.430.60.35-0.8-0.82-0.150.17-0.68-0.67-0.81-0.36-0.67-0.61-0.690.23-0.70.6-0.55-0.77-0.79-0.79-0.06-0.77-0.82
0.990.57-0.87-0.790.880.940.1-0.060.580.740.860.70.74-0.610.83-0.060.940.1-0.150.860.890.890.730.180.87
0.850.16-0.66-0.650.830.89-0.270.310.440.940.770.360.94-0.690.83-0.160.790.11-0.150.750.810.810.40.410.79
-0.080.070.220.21-0.08-0.060.19-0.13-0.62-0.27-0.06-0.13-0.270.23-0.06-0.160.030.07-0.24-0.06-0.04-0.03-0.070.02-0.06
0.950.69-0.75-0.550.90.950.26-0.250.570.650.910.650.65-0.70.940.790.03-0.12-0.070.90.920.920.560.390.91
0.02-0.470.0-0.36-0.19-0.17-0.530.59-0.290.18-0.27-0.040.180.60.10.110.07-0.12-0.82-0.24-0.2-0.190.5-0.76-0.26
-0.110.18-0.010.170.030.060.17-0.270.45-0.030.08-0.12-0.03-0.55-0.15-0.15-0.24-0.07-0.820.040.030.02-0.40.470.08
0.890.63-0.89-0.650.990.90.41-0.350.550.641.00.810.64-0.770.860.75-0.060.9-0.240.040.990.990.550.470.99
0.910.59-0.88-0.661.00.930.32-0.270.550.71.00.760.7-0.790.890.81-0.040.92-0.20.030.991.00.540.481.0
0.920.59-0.88-0.671.00.930.32-0.260.550.71.00.760.7-0.790.890.81-0.030.92-0.190.020.991.00.550.471.0
0.650.33-0.78-0.810.530.460.16-0.10.420.440.520.780.44-0.060.730.4-0.070.560.5-0.40.550.540.55-0.470.51
0.290.32-0.110.160.490.510.21-0.210.160.260.510.00.26-0.770.180.410.020.39-0.760.470.470.480.47-0.470.52
0.90.61-0.87-0.630.990.930.35-0.30.580.681.00.760.68-0.820.870.79-0.060.91-0.260.080.991.01.00.510.52
Click cells to compare fundamentals

I 80 Account Relationship Matchups

I 80 fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets162.3M0.78656.3M642.0M723.7M391.2M
Short Long Term Debt Total70.7M70.6M41.4M115.9M180.3M97.4M
Other Current Liab78.4M151.3M15.8M53.7M1.2M1.1M
Total Current Liabilities98.5M151.5M29.9M85.6M60.9M67.6M
Total Stockholder Equity(14.1M)0.78407.0M333.4M426.3M447.6M
Property Plant And Equipment Net94.7M100.2M502.6M529.3M519.1M292.8M
Net Debt44.5M70.6M(46.2M)67.6M164.0M172.2M
Retained Earnings(31.1M)(33.9M)43.1M(36.1M)(82.3M)(78.2M)
Accounts Payable20.1M113K8.5M10.6M12.8M8.9M
Cash26.2M0.7887.7M48.3M16.3M30.0M
Non Current Assets Total103.3M100.2M534.9M564.7M683.9M718.1M
Non Currrent Assets Other8.6M(100.2M)32.2M35.4M164.8M173.0M
Cash And Short Term Investments26.2M0.7887.7M48.3M16.3M30.0M
Net Receivables27.5M10.3M393K623K4.3M4.1M
Liabilities And Stockholders Equity162.3M0.78656.3M642.0M723.7M391.2M
Non Current Liabilities Total77.9M105K219.5M222.9M236.6M143.6M
Inventory4.2M4.4M26M16.5M11.4M10.5M
Other Current Assets938.0K4.5M2.7M6.3M3.2M4.3M
Total Liab176.4M159.8M249.4M308.5M297.4M237.8M
Total Current Assets58.9M0.78121.5M77.3M39.8M53.2M
Accumulated Other Comprehensive Income6.8M7.1M13.7M15.0M19.3M11.6M
Other Assets8.6M(100.2M)32.2M35.4M40.7M42.7M
Property Plant Equipment94.7M100.2M502.6M529.3M608.7M639.1M

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

  0.83ORE Orezone Gold CorpPairCorr

Moving against IAU Stock

  0.63WMT Walmart Inc CDRPairCorr
  0.6BRK Berkshire Hathaway CDRPairCorr
  0.6AMZN Amazon CDRPairCorr
  0.42GOOG Alphabet CDRPairCorr
  0.37NVDA NVIDIA CDRPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether i 80 Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of I 80's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of I 80 Gold Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on I 80 Gold Corp Stock:
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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Please note, there is a significant difference between I 80's value and its price as these two are different measures arrived at by different means. Investors typically determine if I 80 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, I 80's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.