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 Free Cash Flow Yield and its Pb 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.
Free Cash Flow Yield vs Pb Ratio
Free Cash Flow Yield vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Minera Alamos Free Cash Flow Yield account and
Pb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Minera Alamos' Free Cash Flow Yield and Pb Ratio is -0.03. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Pb 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' Free Cash Flow Yield and Pb 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 Yield of Minera Alamos are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Minera Alamos' Free Cash Flow Yield and Pb Ratio go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Pb Ratio
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
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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.