The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Revival Gold Research Development account and
Selling General Administrative. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Revival Gold's Research Development and Selling General Administrative is -0.46. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Revival Gold, assuming nothing else is changed. The correlation between historical values of Revival Gold's Research Development and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Revival Gold are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Research Development i.e., Revival Gold's Research Development and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Most indicators from Revival Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Revival 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Revival Gold. 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, Revival Gold's
Tax Provision is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 1.12 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 8.9
M in 2024.
| 2015 | 2023 | 2024 (projected) |
Non Recurring | 140.4K | 126.4K | 153.0K | Research Development | 7.5K | 130.3K | 148.6K |
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