SSR Stock | | | 11.38 0.34 3.08% |
Ssr Mining financial indicator trend analysis is much more than just breaking down Ssr Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ssr Mining is a good investment. Please check the relationship between Ssr Mining Operating Income and its Extraordinary Items accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Ssr Mining. 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.
For more information on how to buy Ssr Stock please use our
How to Invest in Ssr Mining guide.
Operating Income vs Extraordinary Items
Operating Income vs Extraordinary Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ssr Mining Operating Income account and
Extraordinary Items. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ssr Mining's Operating Income and Extraordinary Items is 0.39. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of Ssr Mining, assuming nothing else is changed. The correlation between historical values of Ssr Mining's Operating Income and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Ssr Mining are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Operating Income i.e., Ssr Mining's Operating Income and Extraordinary Items go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Operating Income
Operating Income is the amount of profit realized from Ssr Mining operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ssr Mining is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Extraordinary Items
Most indicators from Ssr Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ssr Mining 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Ssr Mining. 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.
For more information on how to buy Ssr Stock please use our
How to Invest in Ssr Mining guide.
Selling General Administrative is likely to drop to about 34.6
M in 2024.
Tax Provision is likely to gain to about (78.4
M) in 2024
Ssr Mining fundamental ratios Correlations
Click cells to compare fundamentals
Ssr Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ssr Mining fundamental ratios Accounts
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Additional Tools for Ssr Stock Analysis
When running Ssr Mining's price analysis, check to
measure Ssr Mining'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 Ssr Mining is operating at the current time. Most of Ssr Mining's value examination focuses on studying past and present price action to
predict the probability of Ssr Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ssr Mining's price. Additionally, you may evaluate how the addition of Ssr Mining to your portfolios can decrease your overall portfolio volatility.