| G1A Stock | | | 0.06 0.00 0.00% |
Galena Mining financial indicator trend analysis is much more than just examining Galena Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galena Mining is a good investment. Please check the relationship between Galena Mining Common Stock and its Cash And Short Term Investments accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galena 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.
Common Stock vs Cash And Short Term Investments
Common Stock vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Galena Mining Common Stock account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Galena Mining's Common Stock and Cash And Short Term Investments is 0.45. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Galena Mining, assuming nothing else is changed. The correlation between historical values of Galena Mining's Common Stock and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Galena Mining are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock i.e., Galena Mining's Common Stock and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.45 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Common Stock
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Galena Mining balance sheet. This account contains Galena Mining investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Galena 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.
Most indicators from Galena Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Galena 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galena 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 gain to about 44.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.1
M in 2024.
Galena Mining fundamental ratios Correlations
Click cells to compare fundamentals
Galena Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Galena Mining fundamental ratios Accounts
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Additional Tools for Galena Stock Analysis
When running Galena Mining's price analysis, check to
measure Galena 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 Galena Mining is operating at the current time. Most of Galena Mining's value examination focuses on studying past and present price action to
predict the probability of Galena 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 Galena Mining's price. Additionally, you may evaluate how the addition of Galena Mining to your portfolios can decrease your overall portfolio volatility.