YGT Stock | | | CAD 0.06 0.00 0.00% |
Gold Terra financial indicator trend analysis is much more than just examining Gold Terra Resource latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gold Terra Resource is a good investment. Please check the relationship between Gold Terra Days Sales Outstanding and its Pb Ratio accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Gold Terra Resource. 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.
Days Sales Outstanding vs Pb Ratio
Days Sales Outstanding vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gold Terra Resource Days Sales Outstanding account and
Pb Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Gold Terra's Days Sales Outstanding and Pb Ratio is 0.39. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Gold Terra Resource, assuming nothing else is changed. The correlation between historical values of Gold Terra's Days Sales Outstanding and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Gold Terra Resource are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Days Sales Outstanding i.e., Gold Terra's Days Sales Outstanding and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Days Sales Outstanding
Pb Ratio
Most indicators from Gold Terra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gold Terra Resource 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 Gold Terra Resource. 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, Gold Terra's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 18
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.5
M in 2024.
Gold Terra fundamental ratios Correlations
Click cells to compare fundamentals
Gold Terra Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gold Terra fundamental ratios Accounts
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