XIM Stock | | | CAD 0.09 0.01 6.25% |
Ximen Mining financial indicator trend analysis is more than just analyzing Ximen Mining Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ximen Mining Corp is a good investment. Please check the relationship between Ximen Mining Stock Based Compensation and its Capital Expenditures accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ximen Mining 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.
Stock Based Compensation vs Capital Expenditures
Stock Based Compensation vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ximen Mining Corp Stock Based Compensation account and
Capital Expenditures. At this time, the significance of the direction appears to have no relationship.
The correlation between Ximen Mining's Stock Based Compensation and Capital Expenditures is 0.06. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Ximen Mining Corp, assuming nothing else is changed. The correlation between historical values of Ximen Mining's Stock Based Compensation and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Ximen Mining Corp are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Stock Based Compensation i.e., Ximen Mining's Stock Based Compensation and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.
Capital Expenditures
Capital Expenditures are funds used by Ximen Mining Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Ximen Mining operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Ximen Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ximen Mining Corp 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ximen Mining 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, Ximen Mining's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 4.1
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 911.5
K in 2024.
Ximen Mining fundamental ratios Correlations
Click cells to compare fundamentals
Ximen Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ximen Mining fundamental ratios Accounts
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