| FME Stock | | | 0.95 0.00 0.00% |
Future Metals financial indicator trend analysis is much more than just examining Future Metals NL latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Future Metals NL is a good investment. Please check the relationship between Future Metals Issuance Of Capital Stock and its Net Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Future Metals NL. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Issuance Of Capital Stock vs Net Income
Issuance Of Capital Stock vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Future Metals NL Issuance Of Capital Stock account and
Net Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Future Metals' Issuance Of Capital Stock and Net Income is 0.13. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Net Income in the same time period over historical financial statements of Future Metals NL, assuming nothing else is changed. The correlation between historical values of Future Metals' Issuance Of Capital Stock and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Of Capital Stock of Future Metals NL are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Issuance Of Capital Stock i.e., Future Metals' Issuance Of Capital Stock and Net Income go up and down completely randomly.
Correlation Coefficient | 0.13 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Issuance Of Capital Stock
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Future Metals NL financial statement analysis. It represents the amount of money remaining after all of Future Metals NL operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Future Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Future Metals NL 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Future Metals NL. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's Issuance Of Capital Stock is expected to grow to about 7.1
M, whereas
Selling General Administrative is forecasted to decline to about 185.8
K.
Future Metals fundamental ratios Correlations
Click cells to compare fundamentals
Future Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Future Metals fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Future Stock
Balance Sheet is a snapshot of the
financial position of Future Metals NL at a specified time, usually calculated after every quarter, six months, or one year. Future Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Future Metals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Future currently owns. An asset can also be divided into two categories, current and non-current.