Capitan Capital Stock vs Other Assets Analysis

CAPT Stock  CAD 0.34  0.01  3.03%   
Capitan Mining financial indicator trend analysis is way more than just evaluating Capitan Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Capitan Mining is a good investment. Please check the relationship between Capitan Mining Capital Stock and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capitan 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 estimate.

Capital Stock vs Other Assets

Capital Stock vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Capitan Mining Capital Stock account and Other Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Capitan Mining's Capital Stock and Other Assets is 0.92. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Other Assets in the same time period over historical financial statements of Capitan Mining, assuming nothing else is changed. The correlation between historical values of Capitan Mining's Capital Stock and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Capitan Mining are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Capital Stock i.e., Capitan Mining's Capital Stock and Other Assets go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Other Assets

Most indicators from Capitan Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Capitan 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 Capitan 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 estimate.
Selling General Administrative is likely to climb to about 631.8 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 2 M in 2024.

Capitan Mining fundamental ratios Correlations

0.251.00.940.990.79-0.930.21-0.80.98-0.8-0.510.990.980.880.251.00.99-0.781.0-0.771.00.95-0.950.91-0.54
0.250.220.520.310.39-0.371.0-0.370.3-0.370.110.210.30.341.00.220.31-0.330.28-0.390.280.49-0.110.330.08
1.00.220.930.980.78-0.920.18-0.790.98-0.79-0.520.990.980.880.221.00.98-0.771.0-0.761.00.94-0.950.91-0.54
0.940.520.930.920.77-0.930.49-0.780.92-0.78-0.350.890.950.880.520.930.92-0.740.95-0.760.950.95-0.830.85-0.56
0.990.310.980.920.87-0.940.27-0.881.0-0.88-0.610.990.950.920.310.981.0-0.860.99-0.860.990.98-0.970.97-0.51
0.790.390.780.770.87-0.90.34-1.00.88-1.0-0.830.850.710.960.390.780.87-1.00.8-1.00.80.9-0.890.95-0.54
-0.93-0.37-0.92-0.93-0.94-0.9-0.330.91-0.940.910.6-0.92-0.91-0.97-0.37-0.92-0.940.89-0.940.89-0.94-0.940.93-0.910.62
0.211.00.180.490.270.34-0.33-0.320.26-0.320.160.170.270.31.00.180.27-0.280.25-0.340.250.45-0.060.290.11
-0.8-0.37-0.79-0.78-0.88-1.00.91-0.32-0.881.00.83-0.86-0.72-0.97-0.37-0.79-0.881.0-0.811.0-0.81-0.90.9-0.950.58
0.980.30.980.921.00.88-0.940.26-0.88-0.88-0.630.990.940.930.30.981.0-0.870.98-0.870.980.98-0.970.97-0.5
-0.8-0.37-0.79-0.78-0.88-1.00.91-0.321.0-0.880.83-0.86-0.72-0.97-0.37-0.79-0.881.0-0.811.0-0.81-0.90.9-0.950.58
-0.510.11-0.52-0.35-0.61-0.830.60.160.83-0.630.83-0.64-0.36-0.740.11-0.52-0.610.86-0.510.83-0.51-0.560.75-0.760.5
0.990.210.990.890.990.85-0.920.17-0.860.99-0.86-0.640.940.910.210.990.99-0.850.98-0.840.980.95-0.980.96-0.53
0.980.30.980.950.950.71-0.910.27-0.720.94-0.72-0.360.940.830.30.980.95-0.680.98-0.680.980.92-0.890.84-0.49
0.880.340.880.880.920.96-0.970.3-0.970.93-0.97-0.740.910.830.340.880.92-0.960.89-0.960.890.93-0.930.95-0.7
0.251.00.220.520.310.39-0.371.0-0.370.3-0.370.110.210.30.340.220.31-0.330.28-0.390.280.49-0.110.330.08
1.00.221.00.930.980.78-0.920.18-0.790.98-0.79-0.520.990.980.880.220.98-0.771.0-0.761.00.94-0.950.91-0.54
0.990.310.980.921.00.87-0.940.27-0.881.0-0.88-0.610.990.950.920.310.98-0.860.99-0.860.990.98-0.970.97-0.51
-0.78-0.33-0.77-0.74-0.86-1.00.89-0.281.0-0.871.00.86-0.85-0.68-0.96-0.33-0.77-0.86-0.791.0-0.79-0.870.89-0.950.57
1.00.281.00.950.990.8-0.940.25-0.810.98-0.81-0.510.980.980.890.281.00.99-0.79-0.791.00.96-0.950.92-0.54
-0.77-0.39-0.76-0.76-0.86-1.00.89-0.341.0-0.871.00.83-0.84-0.68-0.96-0.39-0.76-0.861.0-0.79-0.79-0.880.87-0.950.55
1.00.281.00.950.990.8-0.940.25-0.810.98-0.81-0.510.980.980.890.281.00.99-0.791.0-0.790.96-0.950.92-0.54
0.950.490.940.950.980.9-0.940.45-0.90.98-0.9-0.560.950.920.930.490.940.98-0.870.96-0.880.96-0.910.96-0.46
-0.95-0.11-0.95-0.83-0.97-0.890.93-0.060.9-0.970.90.75-0.98-0.89-0.93-0.11-0.95-0.970.89-0.950.87-0.95-0.91-0.950.59
0.910.330.910.850.970.95-0.910.29-0.950.97-0.95-0.760.960.840.950.330.910.97-0.950.92-0.950.920.96-0.95-0.51
-0.540.08-0.54-0.56-0.51-0.540.620.110.58-0.50.580.5-0.53-0.49-0.70.08-0.54-0.510.57-0.540.55-0.54-0.460.59-0.51
Click cells to compare fundamentals

Capitan Mining Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

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.
Explore Investing Ideas  

Additional Tools for Capitan Stock Analysis

When running Capitan Mining's price analysis, check to measure Capitan Mining'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 Capitan Mining is operating at the current time. Most of Capitan Mining's value examination focuses on studying past and present price action to predict the probability of Capitan Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capitan Mining's price. Additionally, you may evaluate how the addition of Capitan Mining to your portfolios can decrease your overall portfolio volatility.