| XTM Stock | | | CAD 0.05 0.01 11.11% |
Transition Metals financial indicator trend analysis is much more than just breaking down Transition Metals Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Transition Metals Corp is a good investment. Please check the relationship between Transition Metals Capital Stock and its Long Term Investments accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Transition Metals 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.
Capital Stock vs Long Term Investments
Capital Stock vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Transition Metals Corp Capital Stock account and
Long Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Transition Metals' Capital Stock and Long Term Investments is -0.9. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Transition Metals Corp, assuming nothing else is changed. The correlation between historical values of Transition Metals' Capital Stock and Long Term Investments 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 Stock of Transition Metals Corp are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Capital Stock i.e., Transition Metals' Capital Stock and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.9 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Long Term Investments
Long Term Investments is an item on the asset side of Transition Metals balance sheet that represents investments Transition Metals Corp intends to hold for over a year. Transition Metals Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Transition Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Transition Metals 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Transition Metals 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.
At this time, Transition Metals'
Discontinued Operations is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 131.78 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 594.4
K in 2024.
Transition Metals fundamental ratios Correlations
Click cells to compare fundamentals
Transition Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Transition Metals fundamental ratios Accounts
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Additional Tools for Transition Stock Analysis
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measure Transition Metals' 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 Transition Metals is operating at the current time. Most of Transition Metals' value examination focuses on studying past and present price action to
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