| MAG Stock | | | CAD 21.85 0.14 0.64% |
MAG Silver financial indicator trend analysis is infinitely more than just investigating MAG Silver Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MAG Silver Corp is a good investment. Please check the relationship between MAG Silver Invested Capital and its Capex To Depreciation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. 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.
Invested Capital vs Capex To Depreciation
Invested Capital vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MAG Silver Corp Invested Capital account and
Capex To Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between MAG Silver's Invested Capital and Capex To Depreciation is 0.06. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of MAG Silver Corp, assuming nothing else is changed. The correlation between historical values of MAG Silver's Invested Capital and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of MAG Silver Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Invested Capital i.e., MAG Silver's Invested Capital and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.06 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to MAG Silver Corp. There are two different methods for calculating MAG Silver Corp invested capital: operating approach and financing approach. Understanding MAG Silver invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from MAG Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MAG Silver Corp 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. 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, MAG Silver's
Tax Provision is very stable compared to the past year. As of the 22nd of November 2024,
Enterprise Value is likely to grow to about 1.4
B, while
Selling General Administrative is likely to drop about 8
M.
MAG Silver fundamental ratios Correlations
Click cells to compare fundamentals
MAG Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MAG Silver fundamental ratios Accounts
When determining whether MAG Silver Corp is a strong investment it is important to analyze MAG Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MAG Silver's
future performance.
For an informed investment choice regarding MAG Stock, refer to the following important reports: Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. 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
Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Please note, there is a significant difference between MAG Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAG Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAG Silver's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.