| MOON Stock | | | CAD 0.36 0.00 0.00% |
Blue Moon financial indicator trend analysis is way more than just evaluating Blue Moon Zinc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Moon Zinc is a good investment. Please check the relationship between Blue Moon Cash and its Non Current Assets Total accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Blue Moon Zinc. 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.
Cash vs Non Current Assets Total
Cash vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blue Moon Zinc Cash account and
Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Blue Moon's Cash and Non Current Assets Total is 0.43. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Blue Moon Zinc, assuming nothing else is changed. The correlation between historical values of Blue Moon's Cash and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Blue Moon Zinc are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash i.e., Blue Moon's Cash and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.43 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Blue Moon Zinc, which is listed under current asset account on Blue Moon Zinc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Blue Moon customers. The amounts must be unrestricted with restricted cash listed in a different Blue Moon account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Blue Moon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Moon Zinc 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Blue Moon Zinc. 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 climb to about 278.3
K in 2024, despite the fact that
Discontinued Operations is likely to grow to (56.4
K).
Blue Moon fundamental ratios Correlations
Click cells to compare fundamentals
Blue Moon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blue Moon fundamental ratios Accounts
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Additional Tools for Blue Stock Analysis
When running Blue Moon's price analysis, check to
measure Blue Moon's 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 Blue Moon is operating at the current time. Most of Blue Moon's value examination focuses on studying past and present price action to
predict the probability of Blue Moon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Moon's price. Additionally, you may evaluate how the addition of Blue Moon to your portfolios can decrease your overall portfolio volatility.