| FRE Stock | | | CAD 0.10 0.02 16.67% |
Fremont Gold financial indicator trend analysis is much more than just examining Fremont Gold latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fremont Gold is a good investment. Please check the relationship between Fremont Gold Roic and its Ptb Ratio accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fremont Gold. 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
Fremont Gold Roic account and
Ptb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Fremont Gold's Roic and Ptb Ratio is -0.75. 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 Fremont Gold, assuming nothing else is changed. The correlation between historical values of Fremont Gold's 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 Fremont Gold 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., Fremont Gold's Roic and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | -0.75 |
| 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 Fremont Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fremont Gold 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fremont Gold. 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, Fremont Gold's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 1.7
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 289.9
K in 2024.
Fremont Gold fundamental ratios Correlations
Click cells to compare fundamentals
Fremont Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fremont Gold fundamental ratios Accounts
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Additional Tools for Fremont Stock Analysis
When running Fremont Gold's price analysis, check to
measure Fremont Gold'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 Fremont Gold is operating at the current time. Most of Fremont Gold's value examination focuses on studying past and present price action to
predict the probability of Fremont Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fremont Gold's price. Additionally, you may evaluate how the addition of Fremont Gold to your portfolios can decrease your overall portfolio volatility.