| AMY Stock | | | CAD 0.14 0.01 7.69% |
American Manganese financial indicator trend analysis is way more than just evaluating American Manganese prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Manganese is a good investment. Please check the relationship between American Manganese Book Value Per Share and its Capex To Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in American Manganese. 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.
Book Value Per Share vs Capex To Depreciation
Book Value Per Share vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
American Manganese Book Value Per Share account and
Capex To Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between American Manganese's Book Value Per Share and Capex To Depreciation is 0.12. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of American Manganese, assuming nothing else is changed. The correlation between historical values of American Manganese's Book Value Per Share and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of American Manganese are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Book Value Per Share i.e., American Manganese's Book Value Per Share and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.12 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from American Manganese's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Manganese 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in American Manganese. 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.
Enterprise Value is likely to climb to about 84.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.1
M in 2024.
American Manganese fundamental ratios Correlations
Click cells to compare fundamentals
American Manganese Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Manganese fundamental ratios Accounts
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