| TIG Stock | | | CAD 0.20 0.02 9.09% |
Triumph Gold financial indicator trend analysis is much more than just breaking down Triumph Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Triumph Gold Corp is a good investment. Please check the relationship between Triumph Gold Interest Income and its Net Income From Continuing Ops accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Triumph 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.
Interest Income vs Net Income From Continuing Ops
Interest Income vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Triumph Gold Corp Interest Income account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Triumph Gold's Interest Income and Net Income From Continuing Ops is -0.24. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Triumph Gold Corp, assuming nothing else is changed. The correlation between historical values of Triumph Gold's Interest Income and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Triumph Gold Corp are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Interest Income i.e., Triumph Gold's Interest Income and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.24 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Net Income From Continuing Ops
Most indicators from Triumph Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Triumph 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Triumph 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.
Selling General Administrative is likely to drop to about 324.3
K in 2024.
Issuance Of Capital Stock is likely to drop to about 2.6
M in 2024
Triumph Gold fundamental ratios Correlations
Click cells to compare fundamentals
Triumph Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Triumph Gold fundamental ratios Accounts
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Additional Tools for Triumph Stock Analysis
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measure Triumph 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 Triumph Gold is operating at the current time. Most of Triumph Gold's value examination focuses on studying past and present price action to
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