XIM Stock | | | CAD 0.1 0.01 11.76% |
Ximen Mining financial indicator trend analysis is more than just analyzing Ximen Mining Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ximen Mining Corp is a good investment. Please check the relationship between Ximen Mining Free Cash Flow Yield and its Roic accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ximen Mining 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 Yield vs Roic
Free Cash Flow Yield vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ximen Mining Corp Free Cash Flow Yield account and
Roic. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ximen Mining's Free Cash Flow Yield and Roic is -0.05. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Roic in the same time period over historical financial statements of Ximen Mining Corp, assuming nothing else is changed. The correlation between historical values of Ximen Mining's Free Cash Flow Yield and Roic 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 Yield of Ximen Mining Corp are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Free Cash Flow Yield i.e., Ximen Mining's Free Cash Flow Yield and Roic go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Most indicators from Ximen Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ximen Mining 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ximen Mining 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.
At this time, Ximen Mining's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 4.1
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 911.5
K in 2024.
Ximen Mining fundamental ratios Correlations
Click cells to compare fundamentals
Ximen Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ximen Mining fundamental ratios Accounts
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