| MMG Stock | | | CAD 0.16 0.01 6.67% |
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 Pb Ratio and its Days Sales Outstanding 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.
Pb Ratio vs Days Sales Outstanding
Pb Ratio vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Metallic Minerals Corp Pb Ratio account and
Days Sales Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Metallic Minerals' Pb Ratio and Days Sales Outstanding is -0.18. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Days Sales Outstanding 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' Pb Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Metallic Minerals Corp are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Pb Ratio i.e., Metallic Minerals' Pb Ratio and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | -0.18 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Pb Ratio
Days Sales Outstanding
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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