AVU Stock | | | CAD 0.03 0.01 14.29% |
Avrupa Minerals financial indicator trend analysis is way more than just evaluating Avrupa Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avrupa Minerals is a good investment. Please check the relationship between Avrupa Minerals Roic and its Ptb Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Avrupa Minerals. 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.
Roic vs Ptb Ratio
Roic vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Avrupa Minerals Roic account and
Ptb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Avrupa Minerals' Roic and Ptb Ratio is -0.78. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Avrupa Minerals, assuming nothing else is changed. The correlation between historical values of Avrupa Minerals' Roic and Ptb 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 Roic of Avrupa Minerals are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Roic i.e., Avrupa Minerals' Roic and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Avrupa Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avrupa Minerals 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Avrupa Minerals. 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.
Selling General Administrative is likely to climb to about 487.5
K in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Avrupa Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Avrupa Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avrupa Minerals fundamental ratios Accounts
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Additional Tools for Avrupa Stock Analysis
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measure Avrupa Minerals' 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 Avrupa Minerals is operating at the current time. Most of Avrupa Minerals' value examination focuses on studying past and present price action to
predict the probability of Avrupa Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avrupa Minerals' price. Additionally, you may evaluate how the addition of Avrupa Minerals to your portfolios can decrease your overall portfolio volatility.