MUX Stock | | | USD 8.52 0.10 1.19% |
McEwen Mining financial indicator trend analysis is infinitely more than just investigating McEwen Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether McEwen Mining is a good investment. Please check the relationship between McEwen Mining Free Cash Flow and its Free Cash Flow Per Share accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McEwen Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy McEwen Stock please use our
How to Invest in McEwen Mining guide.
Free Cash Flow vs Free Cash Flow Per Share
Free Cash Flow vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
McEwen Mining Free Cash Flow account and
Free Cash Flow Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between McEwen Mining's Free Cash Flow and Free Cash Flow Per Share is -0.08. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of McEwen Mining, assuming nothing else is changed. The correlation between historical values of McEwen Mining's Free Cash Flow and Free Cash Flow Per Share 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 of McEwen Mining are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Free Cash Flow i.e., McEwen Mining's Free Cash Flow and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Most indicators from McEwen Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into McEwen Mining 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 McEwen Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy McEwen Stock please use our
How to Invest in McEwen Mining guide.At this time, McEwen Mining's
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to rise to about 52.3
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 8.9
M in 2024.
McEwen Mining fundamental ratios Correlations
Click cells to compare fundamentals
McEwen Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
McEwen Mining fundamental ratios Accounts
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Additional Tools for McEwen Stock Analysis
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measure McEwen Mining's 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 McEwen Mining is operating at the current time. Most of McEwen Mining's value examination focuses on studying past and present price action to
predict the probability of McEwen Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McEwen Mining's price. Additionally, you may evaluate how the addition of McEwen Mining to your portfolios can decrease your overall portfolio volatility.