Native Mineral financial indicator trend analysis is infinitely more than just investigating Native Mineral Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Native Mineral Resources is a good investment. Please check the relationship between Native Mineral Depreciation and its Stock Based Compensation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Native Mineral Resources. 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.
Depreciation vs Stock Based Compensation
Depreciation vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Native Mineral Resources Depreciation account and
Stock Based Compensation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Native Mineral's Depreciation and Stock Based Compensation is 0.97. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Native Mineral Resources, assuming nothing else is changed. The correlation between historical values of Native Mineral's Depreciation and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Native Mineral Resources are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Depreciation i.e., Native Mineral's Depreciation and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Depreciation
Depreciation indicates how much of Native Mineral Resources value has been used up. For tax purposes Native Mineral can deduct the cost of the tangible assets it purchases as business expenses. However, Native Mineral Resources must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Native Mineral's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Native Mineral Resources 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 Native Mineral Resources. 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 1.9
M in 2025.
Issuance Of Capital Stock is likely to gain to about 3.2
M in 2025
Native Mineral fundamental ratios Correlations
Click cells to compare fundamentals
Native Mineral Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Native Mineral fundamental ratios Accounts
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Additional Tools for Native Stock Analysis
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measure Native Mineral'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 Native Mineral is operating at the current time. Most of Native Mineral's value examination focuses on studying past and present price action to
predict the probability of Native Mineral's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Native Mineral's price. Additionally, you may evaluate how the addition of Native Mineral to your portfolios can decrease your overall portfolio volatility.