GG Stock | | | CAD 0.32 0.03 8.57% |
Galane Gold financial indicator trend analysis is much more than just examining Galane Gold latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galane Gold is a good investment. Please check the relationship between Galane Gold Days Sales Outstanding and its Ev To Sales accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galane Gold. 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.
Days Sales Outstanding vs Ev To Sales
Days Sales Outstanding vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Galane Gold Days Sales Outstanding account and
Ev To Sales. At this time, the significance of the direction appears to have totally related.
The correlation between Galane Gold's Days Sales Outstanding and Ev To Sales is 1.0. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Galane Gold, assuming nothing else is changed. The correlation between historical values of Galane Gold's Days Sales Outstanding and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Galane Gold are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Days Sales Outstanding i.e., Galane Gold's Days Sales Outstanding and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Days Sales Outstanding
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Galane Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Galane 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 Galane Gold. 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, Galane Gold's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 17.1
M in 2024, despite the fact that
Discontinued Operations is likely to grow to (4
M).
Galane Gold fundamental ratios Correlations
Click cells to compare fundamentals
Galane Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Galane Gold fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Galane Stock Analysis
When running Galane Gold's price analysis, check to
measure Galane Gold'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 Galane Gold is operating at the current time. Most of Galane Gold's value examination focuses on studying past and present price action to
predict the probability of Galane Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galane Gold's price. Additionally, you may evaluate how the addition of Galane Gold to your portfolios can decrease your overall portfolio volatility.