Minerco Pb Ratio vs Free Cash Flow Yield Analysis
Minerco financial indicator trend analysis is infinitely more than just investigating Minerco recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minerco is a good investment. Please check the relationship between Minerco Pb Ratio and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minerco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Minerco Stock refer to our How to Trade Minerco Stock guide.
Pb Ratio vs Free Cash Flow Yield
Pb Ratio vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minerco Pb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Minerco's Pb Ratio and Free Cash Flow Yield is 0.14. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Minerco, assuming nothing else is changed. The correlation between historical values of Minerco's Pb Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Minerco are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Pb Ratio i.e., Minerco's Pb Ratio and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.14 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Pb Ratio
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.Most indicators from Minerco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minerco 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minerco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Minerco Stock refer to our How to Trade Minerco Stock guide.As of April 30, 2024, Discontinued Operations is expected to decline to about (236.2 K). In addition to that, Selling General Administrative is expected to decline to about 66.8 K
Minerco fundamental ratios Correlations
Click cells to compare fundamentals
Minerco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minerco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Minerco Stock refer to our How to Trade Minerco Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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When running Minerco's price analysis, check to measure Minerco'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 Minerco is operating at the current time. Most of Minerco's value examination focuses on studying past and present price action to predict the probability of Minerco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minerco's price. Additionally, you may evaluate how the addition of Minerco to your portfolios can decrease your overall portfolio volatility.
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Is Minerco's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Minerco. If investors know Minerco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Minerco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Revenue Per Share 0.037 | Quarterly Revenue Growth (0.73) | Return On Assets (1.12) |
The market value of Minerco is measured differently than its book value, which is the value of Minerco that is recorded on the company's balance sheet. Investors also form their own opinion of Minerco's value that differs from its market value or its book value, called intrinsic value, which is Minerco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Minerco's market value can be influenced by many factors that don't directly affect Minerco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Minerco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Minerco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Minerco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.