GRX Stock | | | 0.67 0.04 6.35% |
GreenX Metals financial indicator trend analysis is much more than just examining GreenX Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GreenX Metals is a good investment. Please check the relationship between GreenX Metals Short Term Debt 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 GreenX Metals. 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.
Short Term Debt vs Common Stock Shares Outstanding
Short Term Debt vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GreenX Metals Short Term Debt account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between GreenX Metals' Short Term Debt and Common Stock Shares Outstanding is -0.21. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of GreenX Metals, assuming nothing else is changed. The correlation between historical values of GreenX Metals' Short Term Debt 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 Short Term Debt of GreenX Metals 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 Short Term Debt i.e., GreenX Metals' Short Term Debt and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Debt
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 GreenX Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GreenX Metals 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 GreenX Metals. 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.
Selling General Administrative is likely to drop to about 504.8
K in 2024.
Issuance Of Capital Stock is likely to drop to about 3.7
M in 2024
GreenX Metals fundamental ratios Correlations
Click cells to compare fundamentals
GreenX Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GreenX Metals fundamental ratios Accounts
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Additional Tools for GreenX Stock Analysis
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