ANK Stock | | | CAD 0.1 0.01 5.56% |
Angkor Resources financial indicator trend analysis is way more than just evaluating Angkor Resources Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angkor Resources Corp is a good investment. Please check the relationship between Angkor Resources Ptb Ratio and its Net Income Per Share accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Angkor Resources 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.
Ptb Ratio vs Net Income Per Share
Ptb Ratio vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Angkor Resources Corp Ptb Ratio account and
Net Income Per Share. At this time, the significance of the direction appears to have very week relationship.
The correlation between Angkor Resources' Ptb Ratio and Net Income Per Share is 0.27. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Angkor Resources Corp, assuming nothing else is changed. The correlation between historical values of Angkor Resources' Ptb Ratio and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Angkor Resources Corp are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Ptb Ratio i.e., Angkor Resources' Ptb Ratio and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Net Income Per Share
Most indicators from Angkor Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angkor Resources 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Angkor Resources 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 climb to about 1.3
M in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Angkor Resources fundamental ratios Correlations
Click cells to compare fundamentals
Angkor Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Angkor Resources fundamental ratios Accounts
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Additional Tools for Angkor Stock Analysis
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measure Angkor Resources' 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 Angkor Resources is operating at the current time. Most of Angkor Resources' value examination focuses on studying past and present price action to
predict the probability of Angkor Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Angkor Resources' price. Additionally, you may evaluate how the addition of Angkor Resources to your portfolios can decrease your overall portfolio volatility.