IAUX Common Stock vs Cash And Short Term Investments Analysis

IAUX Stock  USD 0.35  0.04  10.26%   
I 80 financial indicator trend analysis is infinitely more than just investigating I 80 Gold recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether I 80 Gold is a good investment. Please check the relationship between I 80 Common Stock and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in I 80 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 employment.

Common Stock vs Cash And Short Term Investments

Common Stock vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of I 80 Gold Common Stock account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between I 80's Common Stock and Cash And Short Term Investments is 0.28. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of I 80 Gold Corp, assuming nothing else is changed. The correlation between historical values of I 80's Common Stock and Cash And Short 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 Common Stock of I 80 Gold Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock i.e., I 80's Common Stock and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of I 80 Gold balance sheet. This account contains I 80 investments that will expire within one year. These investments include stocks and bonds that can be liquidated by I 80 Gold Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from I 80's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into I 80 Gold 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in I 80 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 employment.
Discontinued Operations is likely to drop to about 11.2 M in 2024. Selling General Administrative is likely to drop to about 13.4 M in 2024
 2021 2022 2023 2024 (projected)
Total Operating Expenses24.0M65.4M60.5M36.3M
Cost Of Revenue662.1K33.4M105.3M110.6M

I 80 fundamental ratios Correlations

0.57-0.91-0.910.24-0.36-0.610.61-0.72-0.77-0.35-0.92-0.89-0.86-0.52-0.86-0.85-0.42-0.35-0.850.78-0.35-0.85-0.61-0.79-0.81
0.57-0.37-0.35-0.29-0.06-0.83-0.16-0.25-0.55-0.84-0.3-0.25-0.460.02-0.33-0.290.2-0.62-0.290.02-0.62-0.510.0-0.28-0.15
-0.91-0.371.0-0.140.510.51-0.840.920.830.350.970.980.950.490.970.960.310.490.96-0.920.490.930.830.920.86
-0.91-0.351.0-0.210.520.53-0.840.90.840.320.980.990.950.540.970.970.370.440.97-0.910.440.940.850.940.9
0.24-0.29-0.14-0.21-0.28-0.090.220.17-0.140.6-0.38-0.34-0.15-0.81-0.15-0.25-0.980.73-0.250.190.73-0.14-0.35-0.34-0.59
-0.36-0.060.510.52-0.280.47-0.60.510.590.140.540.560.560.430.520.540.280.210.54-0.390.210.570.470.560.53
-0.61-0.830.510.53-0.090.47-0.080.330.750.710.530.490.650.330.480.50.140.470.5-0.130.470.70.330.570.5
0.61-0.16-0.84-0.840.22-0.6-0.08-0.87-0.570.06-0.82-0.87-0.74-0.47-0.84-0.83-0.35-0.25-0.830.94-0.25-0.7-0.83-0.78-0.77
-0.72-0.250.920.90.170.510.33-0.870.730.410.810.850.860.230.910.87-0.010.680.86-0.890.680.840.760.80.66
-0.77-0.550.830.84-0.140.590.75-0.570.730.450.810.810.960.630.890.90.230.530.9-0.610.530.970.770.910.76
-0.35-0.840.350.320.60.140.710.060.410.450.20.20.4-0.350.280.22-0.530.870.22-0.020.870.450.050.230.03
-0.92-0.30.970.98-0.380.540.53-0.820.810.810.20.990.930.660.940.950.540.280.95-0.890.280.910.850.940.96
-0.89-0.250.980.99-0.340.560.49-0.870.850.810.20.990.930.630.960.960.490.320.96-0.910.320.910.890.950.95
-0.86-0.460.950.95-0.150.560.65-0.740.860.960.40.930.930.60.980.980.280.530.98-0.80.531.00.850.960.85
-0.520.020.490.54-0.810.430.33-0.470.230.63-0.350.660.630.60.580.670.82-0.310.67-0.47-0.310.590.670.710.79
-0.86-0.330.970.97-0.150.520.48-0.840.910.890.280.940.960.980.580.990.290.490.99-0.90.490.960.870.940.85
-0.85-0.290.960.97-0.250.540.5-0.830.870.90.220.950.960.980.670.990.380.411.0-0.890.410.960.90.970.9
-0.420.20.310.37-0.980.280.14-0.35-0.010.23-0.530.540.490.280.820.290.38-0.640.39-0.36-0.640.260.440.450.71
-0.35-0.620.490.440.730.210.47-0.250.680.530.870.280.320.53-0.310.490.41-0.640.4-0.291.00.550.260.360.07
-0.85-0.290.960.97-0.250.540.5-0.830.860.90.220.950.960.980.670.991.00.390.4-0.880.40.960.90.970.9
0.780.02-0.92-0.910.19-0.39-0.130.94-0.89-0.61-0.02-0.89-0.91-0.8-0.47-0.9-0.89-0.36-0.29-0.88-0.29-0.75-0.82-0.81-0.8
-0.35-0.620.490.440.730.210.47-0.250.680.530.870.280.320.53-0.310.490.41-0.641.00.4-0.290.550.260.360.07
-0.85-0.510.930.94-0.140.570.7-0.70.840.970.450.910.911.00.590.960.960.260.550.96-0.750.550.830.960.84
-0.610.00.830.85-0.350.470.33-0.830.760.770.050.850.890.850.670.870.90.440.260.9-0.820.260.830.950.89
-0.79-0.280.920.94-0.340.560.57-0.780.80.910.230.940.950.960.710.940.970.450.360.97-0.810.360.960.950.94
-0.81-0.150.860.9-0.590.530.5-0.770.660.760.030.960.950.850.790.850.90.710.070.9-0.80.070.840.890.94
Click cells to compare fundamentals

I 80 Account Relationship Matchups

I 80 fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab78.4M78.9M21.3M53.7M16.1M15.3M
Total Current Liabilities98.5M151.5M29.9M85.6M60.9M65.9M
Other Liab7.2M8.2M178.1M128.3M147.6M154.9M
Net Tangible Assets(14.1M)(16.5M)407.0M333.4M383.4M402.6M
Retained Earnings(31.1M)(33.9M)43.1M(36.1M)(82.3M)(78.2M)
Accounts Payable20.1M113K8.5M10.6M12.8M10.1M
Other Assets8.6M(108.8M)32.2M35.4M40.7M42.7M
Net Receivables27.5M11.9M393K623K4.3M4.1M
Inventory4.2M4.4M26M16.5M11.4M11.5M
Other Stockholder Equity6.8M1.7813.7M15.0M17.3M9.2M
Total Current Assets58.9M0.78121.5M77.3M39.8M67.0M
Property Plant Equipment94.7M100.2M502.6M529.3M608.7M639.1M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for IAUX Stock Analysis

When running I 80's price analysis, check to measure I 80'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 I 80 is operating at the current time. Most of I 80's value examination focuses on studying past and present price action to predict the probability of I 80's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move I 80's price. Additionally, you may evaluate how the addition of I 80 to your portfolios can decrease your overall portfolio volatility.