| NKG Stock | | | CAD 0.29 0.01 3.33% |
Nevada King financial indicator trend analysis is infinitely more than just investigating Nevada King Gold recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nevada King Gold is a good investment. Please check the relationship between Nevada King Roe and its Dividend Yield accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nevada King Gold. 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.
Roe vs Dividend Yield
Roe vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nevada King Gold Roe account and
Dividend Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nevada King's Roe and Dividend Yield is -0.16. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Nevada King Gold, assuming nothing else is changed. The correlation between historical values of Nevada King's Roe and Dividend 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 Roe of Nevada King Gold are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Roe i.e., Nevada King's Roe and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.16 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Roe
Dividend Yield
Dividend Yield is Nevada King Gold dividend as a percentage of Nevada King stock price. Nevada King Gold dividend yield is a measure of Nevada King stock productivity, which can be interpreted as interest rate earned on an Nevada King investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Nevada King's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nevada King Gold 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 Nevada King Gold. 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, Nevada King's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 124.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 4.4
M in 2024.
Nevada King fundamental ratios Correlations
Click cells to compare fundamentals
Nevada King Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nevada King fundamental ratios Accounts
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Additional Tools for Nevada Stock Analysis
When running Nevada King's price analysis, check to
measure Nevada King'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 Nevada King is operating at the current time. Most of Nevada King's value examination focuses on studying past and present price action to
predict the probability of Nevada King's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nevada King's price. Additionally, you may evaluate how the addition of Nevada King to your portfolios can decrease your overall portfolio volatility.