| PGC Stock | | | CAD 0.03 0.01 16.67% |
Plato Gold financial indicator trend analysis is much more than just breaking down Plato Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plato Gold Corp is a good investment. Please check the relationship between Plato Gold Net Receivables and its Retained Earnings accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plato Gold 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.
Net Receivables vs Retained Earnings
Net Receivables vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Plato Gold Corp Net Receivables account and
Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Plato Gold's Net Receivables and Retained Earnings is 0.53. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Plato Gold Corp, assuming nothing else is changed. The correlation between historical values of Plato Gold's Net Receivables and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Plato Gold Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Receivables i.e., Plato Gold's Net Receivables and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.53 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Receivables
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Plato Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plato Gold 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plato Gold 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.
Enterprise Value is likely to climb to about 6.3
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 109.1
K in 2024.
Plato Gold fundamental ratios Correlations
Click cells to compare fundamentals
Plato Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Plato Gold fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Plato Stock Analysis
When running Plato Gold's price analysis, check to
measure Plato Gold'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 Plato Gold is operating at the current time. Most of Plato Gold's value examination focuses on studying past and present price action to
predict the probability of Plato Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plato Gold's price. Additionally, you may evaluate how the addition of Plato Gold to your portfolios can decrease your overall portfolio volatility.