Capitan Cash And Short Term Investments vs Common Stock 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 Cash And Short Term Investments and its Common Stock 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.
Cash And Short Term Investments vs Common Stock
Cash And Short Term Investments vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Capitan Mining Cash And Short Term Investments account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Capitan Mining's Cash And Short Term Investments and Common Stock is -0.81. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock 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 Cash And Short Term Investments and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Capitan Mining are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash And Short Term Investments i.e., Capitan Mining's Cash And Short Term Investments and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Capitan Mining balance sheet. This account contains Capitan Mining investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Capitan Mining fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Common Stock
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
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Capitan Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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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.