JRV Stock | | | CAD 0.01 0.00 0.00% |
Jervois Mining financial indicator trend analysis is infinitely more than just investigating Jervois Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jervois Mining is a good investment. Please check the relationship between Jervois Mining Price To Sales Ratio and its Ptb Ratio accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jervois Mining. 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.
Price To Sales Ratio vs Ptb Ratio
Price To Sales Ratio vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jervois Mining Price To Sales Ratio account and
Ptb Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Jervois Mining's Price To Sales Ratio and Ptb Ratio is 0.02. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Jervois Mining, assuming nothing else is changed. The correlation between historical values of Jervois Mining's Price To Sales Ratio 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 Price To Sales Ratio of Jervois Mining 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 Price To Sales Ratio i.e., Jervois Mining's Price To Sales Ratio and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Jervois Mining stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Jervois Mining sales, a figure that is much harder to manipulate than other Jervois Mining multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
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 Jervois Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jervois Mining 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jervois Mining. 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, Jervois Mining's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 244.7
M in 2024, despite the fact that
Tax Provision is likely to grow to (8.6
M).
Jervois Mining fundamental ratios Correlations
Click cells to compare fundamentals
Jervois Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jervois Mining fundamental ratios Accounts
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Additional Tools for Jervois Stock Analysis
When running Jervois Mining's price analysis, check to
measure Jervois Mining'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 Jervois Mining is operating at the current time. Most of Jervois Mining's value examination focuses on studying past and present price action to
predict the probability of Jervois Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jervois Mining's price. Additionally, you may evaluate how the addition of Jervois Mining to your portfolios can decrease your overall portfolio volatility.