MAI Stock | | | CAD 0.30 0.01 3.45% |
Minera Alamos financial indicator trend analysis is infinitely more than just investigating Minera Alamos recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minera Alamos is a good investment. Please check the relationship between Minera Alamos Days Sales Outstanding and its Price To Sales Ratio accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minera Alamos. 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 Price To Sales Ratio
Days Sales Outstanding vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Minera Alamos Days Sales Outstanding account and
Price To Sales Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Minera Alamos' Days Sales Outstanding and Price To Sales Ratio is 1.0. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Minera Alamos, assuming nothing else is changed. The correlation between historical values of Minera Alamos' Days Sales Outstanding and Price To Sales 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 Days Sales Outstanding of Minera Alamos are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Days Sales Outstanding i.e., Minera Alamos' Days Sales Outstanding and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Days Sales Outstanding
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Minera Alamos stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Minera Alamos sales, a figure that is much harder to manipulate than other Minera Alamos multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from Minera Alamos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minera Alamos 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 Minera Alamos. 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, Minera Alamos'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 147.4
M in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Minera Alamos fundamental ratios Correlations
Click cells to compare fundamentals
Minera Alamos Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Minera Alamos 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 Minera Stock Analysis
When running Minera Alamos' price analysis, check to
measure Minera Alamos' 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 Minera Alamos is operating at the current time. Most of Minera Alamos' value examination focuses on studying past and present price action to
predict the probability of Minera Alamos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minera Alamos' price. Additionally, you may evaluate how the addition of Minera Alamos to your portfolios can decrease your overall portfolio volatility.