| SSVR Stock | | | CAD 0.28 0.01 3.70% |
Summa Silver financial indicator trend analysis is much more than just breaking down Summa Silver Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Summa Silver Corp is a good investment. Please check the relationship between Summa Silver Net Tangible Assets and its Net Receivables accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Summa Silver 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 metropolitan statistical area.
Net Tangible Assets vs Net Receivables
Net Tangible Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Summa Silver Corp Net Tangible Assets account and
Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Summa Silver's Net Tangible Assets and Net Receivables is 0.91. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Summa Silver Corp, assuming nothing else is changed. The correlation between historical values of Summa Silver's Net Tangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Summa Silver Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Tangible Assets i.e., Summa Silver's Net Tangible Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.91 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Net Receivables
Most indicators from Summa Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Summa Silver 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 Summa Silver 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 metropolitan statistical area.
Selling General Administrative is likely to drop to about 2.7
M in 2024.
Issuance Of Capital Stock is likely to drop to about 9.3
M in 2024
Summa Silver fundamental ratios Correlations
Click cells to compare fundamentals
Summa Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Summa Silver fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Summa Stock Analysis
When running Summa Silver's price analysis, check to
measure Summa Silver'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 Summa Silver is operating at the current time. Most of Summa Silver's value examination focuses on studying past and present price action to
predict the probability of Summa Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summa Silver's price. Additionally, you may evaluate how the addition of Summa Silver to your portfolios can decrease your overall portfolio volatility.