Flinders Ptb Ratio vs Pocfratio Analysis
| FDR Stock | CAD 5.41 0.34 6.71% |
Flinders Resources financial indicator trend analysis is much more than just examining Flinders Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flinders Resources is a good investment. Please check the relationship between Flinders Resources Ptb Ratio and its Pocfratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flinders Resources Limited. 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.
Ptb Ratio vs Pocfratio
Ptb Ratio vs Pocfratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flinders Resources Ptb Ratio account and Pocfratio. At this time, the significance of the direction appears to have totally related.
The correlation between Flinders Resources' Ptb Ratio and Pocfratio is 1.0. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Pocfratio in the same time period over historical financial statements of Flinders Resources Limited, assuming nothing else is changed. The correlation between historical values of Flinders Resources' Ptb Ratio and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Flinders Resources Limited are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Ptb Ratio i.e., Flinders Resources' Ptb Ratio and Pocfratio go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.Pocfratio
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When running Flinders Resources' price analysis, check to measure Flinders Resources' 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 Flinders Resources is operating at the current time. Most of Flinders Resources' value examination focuses on studying past and present price action to predict the probability of Flinders Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flinders Resources' price. Additionally, you may evaluate how the addition of Flinders Resources to your portfolios can decrease your overall portfolio volatility.