| 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 Net Invested Capital and its Common Stock Shares Outstanding 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.
Net Invested Capital vs Common Stock Shares Outstanding
Net Invested Capital vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Galena Mining Net Invested Capital account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Galena Mining's Net Invested Capital and Common Stock Shares Outstanding is 0.88. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Common Stock Shares Outstanding 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 Net Invested Capital and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Galena Mining are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Invested Capital i.e., Galena Mining's Net Invested Capital and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.88 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
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.