AGX Stock | | | 0.22 0.01 4.76% |
Silver X financial indicator trend analysis is much more than just breaking down Silver X Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silver X Mining is a good investment. Please check the relationship between Silver X Total Liab and its Other Current Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Silver X Mining. 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.
Total Liab vs Other Current Liab
Total Liab vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Silver X Mining Total Liab account and
Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Silver X's Total Liab and Other Current Liab is -0.46. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Silver X Mining, assuming nothing else is changed. The correlation between historical values of Silver X's Total Liab and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Silver X Mining are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Liab i.e., Silver X's Total Liab and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Other Current Liab
Most indicators from Silver X's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silver X Mining 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Silver X Mining. 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.
Issuance Of Capital Stock is likely to climb to about 2.6
M in 2024, whereas
Tax Provision is likely to drop slightly above 849.9
K in 2024.
Silver X fundamental ratios Correlations
Click cells to compare fundamentals
Silver X Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silver X fundamental ratios Accounts
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Additional Tools for Silver Stock Analysis
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