Lithium Change To Inventory vs Change To Operating Activities Analysis
LEXI Stock | CAD 0.04 0.01 16.67% |
Lithium Energi financial indicator trend analysis is infinitely more than just investigating Lithium Energi Explo recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lithium Energi Explo is a good investment. Please check the relationship between Lithium Energi Change To Inventory and its Change To Operating Activities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Energi Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Change To Inventory vs Change To Operating Activities
Change To Inventory vs Change To Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lithium Energi Explo Change To Inventory account and Change To Operating Activities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lithium Energi's Change To Inventory and Change To Operating Activities is -0.02. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Lithium Energi Exploration, assuming nothing else is changed. The correlation between historical values of Lithium Energi's Change To Inventory and Change To Operating Activities 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 Inventory of Lithium Energi Exploration are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Change To Inventory i.e., Lithium Energi's Change To Inventory and Change To Operating Activities go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Change To Operating Activities
Most indicators from Lithium Energi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lithium Energi Explo 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 Lithium Energi Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. Selling General Administrative is likely to climb to about 3.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 299.6 K in 2024.
Lithium Energi fundamental ratios Correlations
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Lithium Energi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Lithium Energi's price analysis, check to measure Lithium Energi'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 Lithium Energi is operating at the current time. Most of Lithium Energi's value examination focuses on studying past and present price action to predict the probability of Lithium Energi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lithium Energi's price. Additionally, you may evaluate how the addition of Lithium Energi to your portfolios can decrease your overall portfolio volatility.