World Net Invested Capital vs Retained Earnings Analysis
WCU Stock | 0.07 0.01 7.14% |
World Copper financial indicator trend analysis is more than just analyzing World Copper current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether World Copper is a good investment. Please check the relationship between World Copper Net Invested Capital and its Retained Earnings accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Copper. 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 Invested Capital vs Retained Earnings
Net Invested Capital vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of World Copper Net Invested Capital account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between World Copper's Net Invested Capital and Retained Earnings is -0.94. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of World Copper, assuming nothing else is changed. The correlation between historical values of World Copper's Net Invested Capital 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 Invested Capital of World Copper 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 Invested Capital i.e., World Copper's Net Invested Capital and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.94 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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 World Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into World Copper 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Copper. 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 climb to about 4.4 M in 2024, whereas Tax Provision is likely to drop slightly above 18.5 K in 2024.
World Copper fundamental ratios Correlations
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World Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for World Stock Analysis
When running World Copper's price analysis, check to measure World Copper'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 World Copper is operating at the current time. Most of World Copper's value examination focuses on studying past and present price action to predict the probability of World Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move World Copper's price. Additionally, you may evaluate how the addition of World Copper to your portfolios can decrease your overall portfolio volatility.