SOMA Stock | | | CAD 0.54 0.00 0.00% |
Soma Gold financial indicator trend analysis is much more than just breaking down Soma Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Soma Gold Corp is a good investment. Please check the relationship between Soma Gold Price To Sales Ratio and its Cash Per Share accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Soma 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 nation.
Price To Sales Ratio vs Cash Per Share
Price To Sales Ratio vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Soma Gold Corp Price To Sales Ratio account and
Cash Per Share. At this time, the significance of the direction appears to have weak relationship.
The correlation between Soma Gold's Price To Sales Ratio and Cash Per Share is 0.31. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Soma Gold Corp, assuming nothing else is changed. The correlation between historical values of Soma Gold's Price To Sales Ratio and Cash 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 Price To Sales Ratio of Soma Gold Corp are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Price To Sales Ratio i.e., Soma Gold's Price To Sales Ratio and Cash Per Share go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Soma Gold Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Soma Gold sales, a figure that is much harder to manipulate than other Soma Gold Corp 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.
Cash Per Share
Most indicators from Soma Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Soma 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Soma 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 nation.
At this time, Soma Gold's
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 3.6
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 6.1
M in 2024.
Soma Gold fundamental ratios Correlations
Click cells to compare fundamentals
Soma Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Soma Gold fundamental ratios Accounts
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Additional Tools for Soma Stock Analysis
When running Soma Gold's price analysis, check to
measure Soma 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 Soma Gold is operating at the current time. Most of Soma Gold's value examination focuses on studying past and present price action to
predict the probability of Soma 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 Soma Gold's price. Additionally, you may evaluate how the addition of Soma Gold to your portfolios can decrease your overall portfolio volatility.