MAI Stock | | | CAD 0.29 0.01 3.33% |
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 Price To Sales Ratio and its Free Cash Flow Yield 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.
Price To Sales Ratio vs Free Cash Flow Yield
Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Minera Alamos Price To Sales Ratio account and
Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Minera Alamos' Price To Sales Ratio and Free Cash Flow Yield is 0.17. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Free Cash Flow Yield 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' Price To Sales Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Minera Alamos are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Price To Sales Ratio i.e., Minera Alamos' Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.
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.
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.