| MMG Stock | | | CAD 0.14 0.02 12.50% |
Metallic Minerals financial indicator trend analysis is infinitely more than just investigating Metallic Minerals Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metallic Minerals Corp is a good investment. Please check the relationship between Metallic Minerals Ev To Operating Cash Flow and its Roic accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metallic Minerals 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.
Ev To Operating Cash Flow vs Roic
Ev To Operating Cash Flow vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Metallic Minerals Corp Ev To Operating Cash Flow account and
Roic. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Metallic Minerals' Ev To Operating Cash Flow and Roic is -0.26. Overlapping area represents the amount of variation of Ev To Operating Cash Flow that can explain the historical movement of Roic in the same time period over historical financial statements of Metallic Minerals Corp, assuming nothing else is changed. The correlation between historical values of Metallic Minerals' Ev To Operating Cash Flow and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Operating Cash Flow of Metallic Minerals Corp are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Ev To Operating Cash Flow i.e., Metallic Minerals' Ev To Operating Cash Flow and Roic go up and down completely randomly.
Correlation Coefficient | -0.26 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Ev To Operating Cash Flow
A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Most indicators from Metallic Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metallic Minerals 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 Metallic Minerals 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, Metallic Minerals'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 45.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 5.3
M in 2024.
Metallic Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Metallic Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Metallic Minerals fundamental ratios Accounts
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Additional Tools for Metallic Stock Analysis
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measure Metallic Minerals' 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 Metallic Minerals is operating at the current time. Most of Metallic Minerals' value examination focuses on studying past and present price action to
predict the probability of Metallic Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metallic Minerals' price. Additionally, you may evaluate how the addition of Metallic Minerals to your portfolios can decrease your overall portfolio volatility.