| TM Stock | | | CAD 0.84 0.01 1.18% |
Trigon Metals financial indicator trend analysis is much more than just breaking down Trigon Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trigon Metals is a good investment. Please check the relationship between Trigon Metals Cash Per Share and its Days Payables Outstanding accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Trigon Metals. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Trigon Metals Cash Per Share account and
Days Payables Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Trigon Metals' Cash Per Share and Days Payables Outstanding is -0.34. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Days Payables Outstanding in the same time period over historical financial statements of Trigon Metals, assuming nothing else is changed. The correlation between historical values of Trigon Metals' Cash Per Share and Days Payables Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Trigon Metals are associated (or correlated) with its Days Payables Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Payables Outstanding has no effect on the direction of Cash Per Share i.e., Trigon Metals' Cash Per Share and Days Payables Outstanding go up and down completely randomly.
Correlation Coefficient | -0.34 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Most indicators from Trigon Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trigon Metals 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 Trigon Metals. 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, Trigon Metals'
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to climb to 1,265 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.7
M in 2024.
When running Trigon Metals' price analysis, check to
measure Trigon Metals' 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 Trigon Metals is operating at the current time. Most of Trigon Metals' value examination focuses on studying past and present price action to
predict the probability of Trigon Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trigon Metals' price. Additionally, you may evaluate how the addition of Trigon Metals to your portfolios can decrease your overall portfolio volatility.