| VGZ Stock | | | USD 0.59 0.02 3.51% |
Vista Gold financial indicator trend analysis is much more than just breaking down Vista Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vista Gold is a good investment. Please check the relationship between Vista Gold Capital Expenditures and its Depreciation accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Vista Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
For more information on how to buy Vista Stock please use our
How to Invest in Vista Gold guide.
Capital Expenditures vs Depreciation
Capital Expenditures vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vista Gold Capital Expenditures account and
Depreciation. At this time, the significance of the direction appears to have totally related.
The correlation between Vista Gold's Capital Expenditures and Depreciation is 0.99. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Vista Gold, assuming nothing else is changed. The correlation between historical values of Vista Gold's Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Vista Gold are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Vista Gold's Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Capital Expenditures
Capital Expenditures are funds used by Vista Gold to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Vista Gold operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Depreciation
Depreciation indicates how much of Vista Gold value has been used up. For tax purposes Vista Gold can deduct the cost of the tangible assets it purchases as business expenses. However, Vista Gold must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Vista Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vista Gold 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 Vista Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
For more information on how to buy Vista Stock please use our
How to Invest in Vista Gold guide.At this time, Vista Gold's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 56.3
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 1.1
M in 2024.
Vista Gold fundamental ratios Correlations
Click cells to compare fundamentals
Vista Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vista Gold fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Vista Stock Analysis
When running Vista Gold's price analysis, check to
measure Vista 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 Vista Gold is operating at the current time. Most of Vista Gold's value examination focuses on studying past and present price action to
predict the probability of Vista 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 Vista Gold's price. Additionally, you may evaluate how the addition of Vista Gold to your portfolios can decrease your overall portfolio volatility.