| NMT Stock | | | 4.75 0.00 0.00% |
Neometals financial indicator trend analysis is infinitely more than just investigating Neometals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Neometals is a good investment. Please check the relationship between Neometals Capital Expenditures and its Stock Based Compensation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neometals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Capital Expenditures vs Stock Based Compensation
Capital Expenditures vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Neometals Capital Expenditures account and
Stock Based Compensation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Neometals' Capital Expenditures and Stock Based Compensation is 0.2. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Neometals, assuming nothing else is changed. The correlation between historical values of Neometals' Capital Expenditures and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Neometals are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Capital Expenditures i.e., Neometals' Capital Expenditures and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.2 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Capital Expenditures
Capital Expenditures are funds used by Neometals to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Neometals operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Neometals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Neometals 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 Neometals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At present, Neometals'
Discontinued Operations is projected to increase significantly based on the last few years of reporting.
Neometals fundamental ratios Correlations
Click cells to compare fundamentals
Neometals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Neometals fundamental ratios Accounts
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Other Information on Investing in Neometals Stock
Balance Sheet is a snapshot of the
financial position of Neometals at a specified time, usually calculated after every quarter, six months, or one year. Neometals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Neometals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Neometals currently owns. An asset can also be divided into two categories, current and non-current.