JRV Stock | | | CAD 0.01 0.00 0.00% |
Jervois Mining financial indicator trend analysis is infinitely more than just investigating Jervois Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jervois Mining is a good investment. Please check the relationship between Jervois Mining Pb Ratio and its Book Value Per Share accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jervois Mining. 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.
Pb Ratio vs Book Value Per Share
Pb Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jervois Mining Pb Ratio account and
Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jervois Mining's Pb Ratio and Book Value Per Share is -0.38. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Jervois Mining, assuming nothing else is changed. The correlation between historical values of Jervois Mining's Pb Ratio and Book Value 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 Pb Ratio of Jervois Mining are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Pb Ratio i.e., Jervois Mining's Pb Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Pb Ratio
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.
Most indicators from Jervois Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jervois Mining 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 Jervois Mining. 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, Jervois Mining's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 244.7
M in 2024, despite the fact that
Tax Provision is likely to grow to (8.6
M).
Jervois Mining fundamental ratios Correlations
Click cells to compare fundamentals
Jervois Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jervois Mining fundamental ratios Accounts
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