GVR Stock | | | 0.04 0.00 0.00% |
Grosvenor Resource financial indicator trend analysis is much more than just examining Grosvenor Resource Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grosvenor Resource Corp is a good investment. Please check the relationship between Grosvenor Resource Change To Operating Activities and its Free Cash Flow accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grosvenor Resource Corp. 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.
Change To Operating Activities vs Free Cash Flow
Change To Operating Activities vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Grosvenor Resource Corp Change To Operating Activities account and
Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Grosvenor Resource's Change To Operating Activities and Free Cash Flow is -0.15. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Grosvenor Resource Corp, assuming nothing else is changed. The correlation between historical values of Grosvenor Resource's Change To Operating Activities and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Grosvenor Resource Corp are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change To Operating Activities i.e., Grosvenor Resource's Change To Operating Activities and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Operating Activities
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Grosvenor Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grosvenor Resource Corp 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 Grosvenor Resource Corp. 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.
At this time, Grosvenor Resource's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 115.2
K in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(1.76) in 2024.
Grosvenor Resource fundamental ratios Correlations
Click cells to compare fundamentals
Grosvenor Resource Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grosvenor Resource fundamental ratios Accounts
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Additional Tools for Grosvenor Stock Analysis
When running Grosvenor Resource's price analysis, check to
measure Grosvenor Resource'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 Grosvenor Resource is operating at the current time. Most of Grosvenor Resource's value examination focuses on studying past and present price action to
predict the probability of Grosvenor Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grosvenor Resource's price. Additionally, you may evaluate how the addition of Grosvenor Resource to your portfolios can decrease your overall portfolio volatility.