| 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 Net Income and its Ebit 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.
Net Income vs Ebit
Net Income vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blue Moon Zinc Net Income account and
Ebit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Blue Moon's Net Income and Ebit is -0.23. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Ebit 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 Net Income and Ebit 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 of Blue Moon Zinc are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income i.e., Blue Moon's Net Income and Ebit go up and down completely randomly.
Correlation Coefficient | -0.23 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Blue Moon Zinc financial statement analysis. It represents the amount of money remaining after all of Blue Moon Zinc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Ebit
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.