Snowline Free Cash Flow Per Share vs Ev To Sales Analysis
| SGD Stock | 5.19 0.02 0.38% |
Snowline Gold financial indicator trend analysis is much more than just breaking down Snowline Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Snowline Gold Corp is a good investment. Please check the relationship between Snowline Gold Free Cash Flow Per Share and its Ev To Sales accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snowline 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.
Free Cash Flow Per Share vs Ev To Sales
Free Cash Flow Per Share vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snowline Gold Corp Free Cash Flow Per Share account and Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Snowline Gold's Free Cash Flow Per Share and Ev To Sales is -0.48. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Snowline Gold Corp, assuming nothing else is changed. The correlation between historical values of Snowline Gold's Free Cash Flow Per Share 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 Free Cash Flow Per Share of Snowline Gold Corp 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 Free Cash Flow Per Share i.e., Snowline Gold's Free Cash Flow Per Share and Ev To Sales go up and down completely randomly.
Correlation Coefficient | -0.48 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
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.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.Thematic Opportunities
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When running Snowline Gold's price analysis, check to measure Snowline 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 Snowline Gold is operating at the current time. Most of Snowline Gold's value examination focuses on studying past and present price action to predict the probability of Snowline 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 Snowline Gold's price. Additionally, you may evaluate how the addition of Snowline Gold to your portfolios can decrease your overall portfolio volatility.