CAD Stock | | | CAD 1.86 0.07 3.91% |
Colonial Coal financial indicator trend analysis is way more than just evaluating Colonial Coal Intern prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Colonial Coal Intern is a good investment. Please check the relationship between Colonial Coal Roic and its Pb Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Colonial Coal International. 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 Pb Ratio
Roic vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Colonial Coal Intern Roic account and
Pb Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Colonial Coal's Roic and Pb Ratio is -0.64. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Colonial Coal International, assuming nothing else is changed. The correlation between historical values of Colonial Coal's Roic 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 Roic of Colonial Coal International 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 Roic i.e., Colonial Coal's Roic and Pb Ratio go up and down completely randomly.
Correlation Coefficient | -0.64 |
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.
Pb Ratio
Most indicators from Colonial Coal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Colonial Coal Intern 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 Colonial Coal International. 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, Colonial Coal's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to climb to 18.09 in 2024, whereas
Selling General Administrative is likely to drop slightly above 3
M in 2024.
Colonial Coal fundamental ratios Correlations
Click cells to compare fundamentals
Colonial Coal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Colonial Coal fundamental ratios Accounts
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measure Colonial Coal'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 Colonial Coal is operating at the current time. Most of Colonial Coal's value examination focuses on studying past and present price action to
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