| MRZ Stock | | | CAD 0.39 0.01 2.50% |
Mirasol Resources financial indicator trend analysis is infinitely more than just investigating Mirasol Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mirasol Resources is a good investment. Please check the relationship between Mirasol Resources Price To Sales Ratio and its Ev To Sales accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mirasol Resources. 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 Ev To Sales
Price To Sales Ratio vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mirasol Resources Price To Sales Ratio account and
Ev To Sales. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mirasol Resources' Price To Sales Ratio and Ev To Sales is 0.89. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Mirasol Resources, assuming nothing else is changed. The correlation between historical values of Mirasol Resources' Price To Sales Ratio and Ev To Sales 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 Mirasol Resources are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Price To Sales Ratio i.e., Mirasol Resources' Price To Sales Ratio and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.89 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Mirasol Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Mirasol Resources sales, a figure that is much harder to manipulate than other Mirasol Resources 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.
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Mirasol Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mirasol Resources 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 Mirasol Resources. 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, Mirasol Resources'
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 2.8
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(2.65) in 2024.
Mirasol Resources fundamental ratios Correlations
Click cells to compare fundamentals
Mirasol Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mirasol Resources fundamental ratios Accounts
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Additional Tools for Mirasol Stock Analysis
When running Mirasol Resources' price analysis, check to
measure Mirasol Resources' 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 Mirasol Resources is operating at the current time. Most of Mirasol Resources' value examination focuses on studying past and present price action to
predict the probability of Mirasol Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirasol Resources' price. Additionally, you may evaluate how the addition of Mirasol Resources to your portfolios can decrease your overall portfolio volatility.