YAL Stock | | | 6.26 0.09 1.42% |
Yancoal Australia financial indicator trend analysis is more than just analyzing Yancoal Australia current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yancoal Australia is a good investment. Please check the relationship between Yancoal Australia Net Income and its Change To Operating Activities accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yancoal Australia. 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 Change To Operating Activities
Net Income vs Change To Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yancoal Australia Net Income account and
Change To Operating Activities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Yancoal Australia's Net Income and Change To Operating Activities is 0.69. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Yancoal Australia, assuming nothing else is changed. The correlation between historical values of Yancoal Australia's Net Income and Change To Operating Activities 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 Yancoal Australia are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Net Income i.e., Yancoal Australia's Net Income and Change To Operating Activities go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Yancoal Australia financial statement analysis. It represents the amount of money remaining after all of Yancoal Australia operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Change To Operating Activities
Most indicators from Yancoal Australia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yancoal Australia 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 Yancoal Australia. 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.
Tax Provision is likely to gain to about 802.2
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 479
M in 2024.
Yancoal Australia fundamental ratios Correlations
Click cells to compare fundamentals
Yancoal Australia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yancoal Australia fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Yancoal Stock Analysis
When running Yancoal Australia's price analysis, check to
measure Yancoal Australia'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 Yancoal Australia is operating at the current time. Most of Yancoal Australia's value examination focuses on studying past and present price action to
predict the probability of Yancoal Australia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yancoal Australia's price. Additionally, you may evaluate how the addition of Yancoal Australia to your portfolios can decrease your overall portfolio volatility.