KCC Stock | | | CAD 0.04 0.01 33.33% |
Kincora Copper financial indicator trend analysis is infinitely more than just investigating Kincora Copper recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kincora Copper is a good investment. Please check the relationship between Kincora Copper Short Term Debt and its Common Stock Shares Outstanding accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kincora Copper. 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
Kincora Copper 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 Kincora Copper's Short Term Debt and Common Stock Shares Outstanding is -0.42. 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 Kincora Copper, assuming nothing else is changed. The correlation between historical values of Kincora Copper's 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 Kincora Copper 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., Kincora Copper's Short Term Debt and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.42 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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 Kincora Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kincora Copper 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kincora Copper. 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, Kincora Copper's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 4.4
M in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(5.20).
Kincora Copper fundamental ratios Correlations
Click cells to compare fundamentals
Kincora Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kincora Copper fundamental ratios Accounts
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Additional Tools for Kincora Stock Analysis
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measure Kincora Copper'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 Kincora Copper is operating at the current time. Most of Kincora Copper's value examination focuses on studying past and present price action to
predict the probability of Kincora Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kincora Copper's price. Additionally, you may evaluate how the addition of Kincora Copper to your portfolios can decrease your overall portfolio volatility.