Fury Historical Financial Ratios
| FURY Stock | CAD 0.59 0.01 1.67% |
Fury Gold is recently reporting on over 90 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 0.5 or Days Sales Outstanding of 0.0 will help investors to properly organize and evaluate Fury Gold Mines financial condition quickly.
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About Fury Financial Ratios Analysis
Fury Gold MinesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Fury Gold investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Fury financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Fury Gold history.
Fury Gold Financial Ratios Chart
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Dividend Yield
Dividend Yield is Fury Gold Mines dividend as a percentage of Fury Gold stock price. Fury Gold Mines dividend yield is a measure of Fury Gold stock productivity, which can be interpreted as interest rate earned on an Fury Gold 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.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.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.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Research And Ddevelopement To Revenue
The ratio of a company's research and development expenses to its total revenue, indicating how much of the revenue is invested back into developing new products or services.Most ratios from Fury Gold's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Fury Gold Mines current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fury Gold Mines. 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, Fury Gold's Inventory Turnover is very stable compared to the past year. As of the 3rd of December 2024, Days Of Inventory On Hand is likely to grow to 2,191, while PTB Ratio is likely to drop 0.50.
Fury Gold fundamentals Correlations
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Fury Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fury Gold fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Ptb Ratio | 4.79 | 0.88 | 0.62 | 0.42 | 0.53 | 0.5 | |
| Book Value Per Share | 0.58 | 2.07 | 1.31 | 1.4 | 1.27 | 0.65 | |
| Free Cash Flow Yield | (0.39) | (0.18) | (0.0655) | (0.17) | (0.19) | (0.14) | |
| Capex To Depreciation | 3.81 | 50.72 | 0.23 | 3.76 | 4.32 | 4.1 | |
| Pb Ratio | 4.79 | 0.88 | 0.62 | 0.42 | 0.53 | 0.5 | |
| Free Cash Flow Per Share | (0.33) | (0.18) | (0.31) | (0.11) | (0.091) | (0.0956) | |
| Roic | (0.34) | (0.0902) | (0.0998) | (0.0926) | (0.0784) | (0.0823) | |
| Net Income Per Share | (0.3) | (0.22) | (0.18) | (0.14) | 0.18 | (0.13) | |
| Cash Per Share | 0.0158 | 0.22 | 0.0323 | 0.0781 | 0.0591 | 0.0562 | |
| Pocfratio | (16.64) | (11.68) | (5.61) | (5.77) | (7.36) | (7.73) | |
| Capex To Operating Cash Flow | (0.0906) | (1.02) | (0.005037) | (0.0914) | (0.0823) | (0.0864) | |
| Pfcf Ratio | (15.26) | (5.78) | (5.59) | (5.29) | (7.36) | (7.73) | |
| Income Quality | 1.01 | 0.76 | 1.16 | 1.03 | (0.56) | 0.72 | |
| Roe | (0.38) | (0.0857) | (0.11) | 0.13 | (0.0941) | (0.0988) | |
| Ev To Operating Cash Flow | (16.86) | (10.47) | (5.45) | (5.07) | (6.82) | (7.16) | |
| Pe Ratio | (12.66) | (10.27) | (5.77) | 3.25 | (5.58) | (5.3) | |
| Ev To Free Cash Flow | (15.46) | (5.18) | (5.42) | (4.64) | (6.82) | (7.16) | |
| Earnings Yield | (0.16) | (0.079) | (0.0974) | (0.17) | 0.31 | (0.18) | |
| Net Debt To E B I T D A | (0.25) | 1.48 | 0.14 | 0.66 | 0.49 | 0.52 | |
| Current Ratio | 0.43 | 1.74 | 0.92 | 9.07 | 5.45 | 5.18 | |
| Tangible Book Value Per Share | 0.58 | 2.07 | 1.31 | 1.4 | 1.27 | 0.65 | |
| Graham Number | 1.69 | 2.87 | 2.04 | 2.37 | 1.86 | 1.0 | |
| Shareholders Equity Per Share | 0.58 | 2.07 | 1.31 | 1.4 | 1.27 | 0.65 | |
| Capex Per Share | 0.0151 | 0.16 | 7.27E-4 | 0.009185 | 0.0106 | 0.01 | |
| Graham Net Net | (0.0802) | 0.0358 | (0.0464) | 0.0384 | 0.0171 | 0.0163 | |
| Enterprise Value Over E B I T D A | (19.5) | (12.84) | (4.69) | (4.75) | (6.2) | (5.89) | |
| Price Earnings Ratio | (12.66) | (10.27) | (5.77) | 3.25 | (5.58) | (5.3) | |
| Price Book Value Ratio | 4.79 | 0.88 | 0.62 | 0.42 | 0.53 | 0.5 | |
| Price Earnings To Growth Ratio | 0.47 | 0.56 | 0.26 | (0.0142) | 0.0335 | 0.0318 |
Pair Trading with Fury Gold
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 Fury Gold 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 Fury Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Fury Stock
The ability to find closely correlated positions to Fury Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fury Gold 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 Fury Gold - 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 Fury Gold Mines to buy it.
The correlation of Fury Gold 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 Fury Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fury Gold Mines 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 Fury Gold 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fury Gold Mines. 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. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..