HYMCW Stock | | | USD 0.01 0 7.14% |
Hycroft Mining financial indicator trend analysis is much more than just examining Hycroft Mining Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hycroft Mining Holding is a good investment. Please check the relationship between Hycroft Mining Free Cash Flow Per Share and its Ptb Ratio accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hycroft Mining Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Free Cash Flow Per Share vs Ptb Ratio
Free Cash Flow Per Share vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hycroft Mining Holding Free Cash Flow Per Share account and
Ptb Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hycroft Mining's Free Cash Flow Per Share and Ptb Ratio is 0.34. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Hycroft Mining Holding, assuming nothing else is changed. The correlation between historical values of Hycroft Mining's Free Cash Flow Per Share and Ptb 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 Free Cash Flow Per Share of Hycroft Mining Holding are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Per Share i.e., Hycroft Mining's Free Cash Flow Per Share and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment 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.
Most indicators from Hycroft Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hycroft Mining Holding 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 Hycroft Mining Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Selling General Administrative is likely to climb to about 14.1
M in 2024, despite the fact that
Tax Provision is likely to grow to (1.2
M).
Hycroft Mining fundamental ratios Correlations
Click cells to compare fundamentals
Hycroft Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hycroft Mining fundamental ratios Accounts
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