LOT Stock | | | 0.19 0.01 5.00% |
Lotus Resources financial indicator trend analysis is infinitely more than just investigating Lotus Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lotus Resources is a good investment. Please check the relationship between Lotus Resources Total Current Assets and its Total Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lotus Resources. 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.
Total Current Assets vs Total Revenue
Total Current Assets vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lotus Resources Total Current Assets account and
Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lotus Resources' Total Current Assets and Total Revenue is -0.13. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Lotus Resources, assuming nothing else is changed. The correlation between historical values of Lotus Resources' Total Current Assets and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Lotus Resources are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Assets i.e., Lotus Resources' Total Current Assets and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Total Revenue
Total revenue comprises all receipts Lotus Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Lotus Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lotus Resources 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 Lotus Resources. 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, Lotus Resources'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 28.6
K in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 19.8
M in 2024.
Lotus Resources fundamental ratios Correlations
Click cells to compare fundamentals
Lotus Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lotus Resources fundamental ratios Accounts
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Additional Tools for Lotus Stock Analysis
When running Lotus Resources' price analysis, check to
measure Lotus Resources' 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 Lotus Resources is operating at the current time. Most of Lotus Resources' value examination focuses on studying past and present price action to
predict the probability of Lotus Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lotus Resources' price. Additionally, you may evaluate how the addition of Lotus Resources to your portfolios can decrease your overall portfolio volatility.