| NVX Stock | | | CAD 0.15 0.06 28.57% |
NV Gold financial indicator trend analysis is infinitely more than just investigating NV Gold Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NV Gold Corp is a good investment. Please check the relationship between NV Gold Ptb Ratio and its Pocfratio accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NV Gold 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.
Ptb Ratio vs Pocfratio
Ptb Ratio vs Pocfratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NV Gold Corp Ptb Ratio account and
Pocfratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NV Gold's Ptb Ratio and Pocfratio is -0.31. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Pocfratio in the same time period over historical financial statements of NV Gold Corp, assuming nothing else is changed. The correlation between historical values of NV Gold's Ptb Ratio and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of NV Gold Corp are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Ptb Ratio i.e., NV Gold's Ptb Ratio and Pocfratio go up and down completely randomly.
Correlation Coefficient | -0.31 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Pocfratio
Most indicators from NV Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NV Gold 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 NV Gold 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.
Selling General Administrative is likely to climb to about 713.7
K in 2025, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2025.
NV Gold fundamental ratios Correlations
Click cells to compare fundamentals
NV Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NV Gold fundamental ratios Accounts
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Additional Tools for NVX Stock Analysis
When running NV Gold's price analysis, check to
measure NV Gold'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 NV Gold is operating at the current time. Most of NV Gold's value examination focuses on studying past and present price action to
predict the probability of NV Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NV Gold's price. Additionally, you may evaluate how the addition of NV Gold to your portfolios can decrease your overall portfolio volatility.