Amerigo Dividend Yield vs Price To Sales Ratio Analysis
ARG Stock | CAD 1.73 0.02 1.17% |
Amerigo Resources financial indicator trend analysis is way more than just evaluating Amerigo Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amerigo Resources is a good investment. Please check the relationship between Amerigo Resources Dividend Yield and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amerigo Resources. 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.
Dividend Yield vs Price To Sales Ratio
Dividend Yield vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amerigo Resources Dividend Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Amerigo Resources' Dividend Yield and Price To Sales Ratio is -0.11. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Amerigo Resources, assuming nothing else is changed. The correlation between historical values of Amerigo Resources' Dividend Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Amerigo Resources are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Dividend Yield i.e., Amerigo Resources' Dividend Yield and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Dividend Yield
Dividend Yield is Amerigo Resources dividend as a percentage of Amerigo Resources stock price. Amerigo Resources dividend yield is a measure of Amerigo Resources stock productivity, which can be interpreted as interest rate earned on an Amerigo Resources investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Amerigo Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Amerigo Resources sales, a figure that is much harder to manipulate than other Amerigo Resources multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Most indicators from Amerigo Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amerigo Resources 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 Amerigo Resources. 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, Amerigo Resources' Tax Provision is very stable compared to the past year. As of the 29th of November 2024, Issuance Of Capital Stock is likely to grow to about 248.6 K, while Selling General Administrative is likely to drop about 4.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.5M | 2.3M | 2.8M | 2.1M | Depreciation And Amortization | 18.0M | 20.4M | 20.4M | 10.9M |
Amerigo Resources fundamental ratios Correlations
Click cells to compare fundamentals
Amerigo Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Amerigo Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 233.7M | 237.6M | 269.3M | 231.2M | 199.6M | 177.5M | |
Other Current Liab | 10.5M | 14.2M | 24.1M | 17.8M | 18.1M | 12.2M | |
Total Current Liabilities | 42.8M | 49.8M | 58.6M | 55.0M | 48.5M | 34.8M | |
Total Stockholder Equity | 102.6M | 110.7M | 138.8M | 118.7M | 104.9M | 100.3M | |
Property Plant And Equipment Net | 198.6M | 184.8M | 178.1M | 158.6M | 156.0M | 130.3M | |
Net Debt | 61.9M | 51.5M | (25.9M) | (11.9M) | 4.5M | 4.2M | |
Retained Earnings | 13.4M | 19.4M | 51.3M | 31.7M | 18.8M | 28.0M | |
Cash | 1.1M | 8.0M | 59.8M | 37.8M | 16.2M | 15.8M | |
Non Current Assets Total | 206.0M | 194.0M | 186.1M | 166.2M | 163.4M | 140.3M | |
Other Assets | 842K | 959K | 4.5M | 4.2M | 4.9M | 5.1M | |
Cash And Short Term Investments | 1.1M | 8.0M | 59.8M | 37.8M | 17.1M | 15.9M | |
Net Receivables | 5.7M | 20.3M | 11.9M | 12.4M | 7.8M | 11.0M | |
Common Stock Total Equity | 79.0M | 79.3M | 80.3M | 80.5M | 92.5M | 78.2M | |
Common Stock Shares Outstanding | 179.1M | 181.7M | 183.8M | 172.0M | 167.2M | 146.6M | |
Liabilities And Stockholders Equity | 233.7M | 237.6M | 269.3M | 231.2M | 199.6M | 177.5M | |
Inventory | 10.3M | 7.3M | 7.7M | 10.4M | 7.2M | 7.1M | |
Other Current Assets | 4.5M | 2.0M | 3.8M | 3.3M | 4.0M | 2.4M | |
Other Stockholder Equity | 9.0M | 10.8M | 10.7M | 2.3M | 2.1M | 2.0M | |
Total Liab | 131.0M | 126.9M | 130.6M | 112.5M | 94.7M | 77.2M | |
Property Plant And Equipment Gross | 198.6M | 184.8M | 387.0M | 370.3M | 386.1M | 405.4M | |
Total Current Assets | 27.7M | 43.6M | 83.2M | 65.0M | 36.2M | 37.2M | |
Common Stock | 80.3M | 80.5M | 76.8M | 73.4M | 73.7M | 79.1M | |
Short Long Term Debt Total | 63.0M | 59.5M | 33.8M | 25.9M | 20.7M | 33.3M | |
Accounts Payable | 19.8M | 14.6M | 18.0M | 26.3M | 19.4M | 16.3M | |
Non Current Liabilities Total | 88.2M | 77.1M | 72.0M | 57.5M | 46.2M | 46.3M | |
Accumulated Other Comprehensive Income | 9.0M | 10.8M | 10.7M | 13.5M | 12.4M | 7.3M | |
Short Term Debt | 12.4M | 20.9M | 8.2M | 9.3M | 10.3M | 12.0M | |
Non Currrent Assets Other | 841K | 806K | 4.3M | 4.2M | 4.3M | 4.5M | |
Intangible Assets | 4.0M | 3.8M | 3.6M | 3.4M | 3.1M | 4.3M | |
Short Term Investments | 115K | 143K | 144K | 1.1M | 900K | 519.5K | |
Current Deferred Revenue | 55K | 97K | 8.3M | 641K | 576.9K | 548.1K | |
Other Liab | 37.0M | 36.3M | 46.3M | 40.8M | 46.9M | 40.5M | |
Net Tangible Assets | 98.6M | 106.9M | 135.2M | 115.4M | 132.7M | 115.5M | |
Long Term Investments | 3.0M | 1.4M | 2.5M | 4.4M | 5.1M | 2.6M | |
Property Plant Equipment | 198.6M | 184.8M | 178.1M | 158.6M | 182.4M | 190.5M | |
Long Term Debt | 45.8M | 36.7M | 23.4M | 16.6M | 10.4M | 9.9M | |
Long Term Debt Total | 51.2M | 40.8M | 25.6M | 16.6M | 15.0M | 14.2M | |
Short Long Term Debt | 23.5M | 10.1M | 17.1M | 7.0M | 6.3M | 11.3M |
Pair Trading with Amerigo Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amerigo Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amerigo Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Amerigo Stock
Moving against Amerigo Stock
The ability to find closely correlated positions to Amerigo Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amerigo Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amerigo Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amerigo Resources to buy it.
The correlation of Amerigo Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amerigo Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amerigo Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amerigo Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Amerigo Stock
Balance Sheet is a snapshot of the financial position of Amerigo Resources at a specified time, usually calculated after every quarter, six months, or one year. Amerigo Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Amerigo Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Amerigo currently owns. An asset can also be divided into two categories, current and non-current.