Surge Pb Ratio vs Book Value Per Share Analysis

NILI Stock  CAD 0.34  0.01  2.86%   
Surge Battery financial indicator trend analysis is much more than just breaking down Surge Battery Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Surge Battery Metals is a good investment. Please check the relationship between Surge Battery Pb Ratio and its Book Value Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Surge Battery Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Pb Ratio vs Book Value Per Share

Pb Ratio vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Surge Battery Metals Pb Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have weak relationship.
The correlation between Surge Battery's Pb Ratio and Book Value Per Share is 0.3. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Surge Battery Metals, assuming nothing else is changed. The correlation between historical values of Surge Battery's Pb Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Surge Battery Metals are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Pb Ratio i.e., Surge Battery's Pb Ratio and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Pb Ratio

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Surge Battery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Surge Battery Metals 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Surge Battery Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Surge Battery's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 10.5 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (11.20).

Surge Battery fundamental ratios Correlations

0.17-0.330.380.29-0.29-0.3-0.11-0.31-0.53-0.52-0.4-0.53-0.47-0.1-0.52-0.480.480.48-0.42-0.560.48
0.17-0.420.490.780.19-0.28-0.45-0.56-0.36-0.370.02-0.45-0.430.84-0.37-0.230.320.32-0.4-0.410.32
-0.33-0.42-0.91-0.29-0.610.890.880.980.850.860.650.860.97-0.650.860.8-0.68-0.680.880.85-0.68
0.380.49-0.910.230.52-0.9-0.85-0.91-0.92-0.92-0.49-0.96-0.960.7-0.92-0.810.810.81-0.92-0.950.81
0.290.78-0.290.23-0.2-0.19-0.26-0.41-0.26-0.26-0.3-0.24-0.310.43-0.26-0.280.140.14-0.28-0.230.14
-0.290.19-0.610.52-0.2-0.53-0.59-0.59-0.4-0.41-0.15-0.44-0.480.61-0.41-0.320.320.32-0.45-0.410.32
-0.3-0.280.89-0.9-0.19-0.530.730.860.960.960.770.920.93-0.50.960.96-0.85-0.850.850.92-0.85
-0.11-0.450.88-0.85-0.26-0.590.730.890.660.670.40.70.83-0.720.670.59-0.4-0.40.910.68-0.4
-0.31-0.560.98-0.91-0.41-0.590.860.890.840.850.590.860.96-0.740.850.77-0.67-0.670.870.85-0.67
-0.53-0.360.85-0.92-0.26-0.40.960.660.841.00.730.980.94-0.471.00.96-0.92-0.920.870.99-0.92
-0.52-0.370.86-0.92-0.26-0.410.960.670.851.00.720.980.95-0.491.00.96-0.92-0.920.870.99-0.92
-0.40.020.65-0.49-0.3-0.150.770.40.590.730.720.60.670.00.720.87-0.56-0.560.590.62-0.56
-0.53-0.450.86-0.96-0.24-0.440.920.70.860.980.980.60.95-0.570.980.9-0.91-0.910.881.0-0.91
-0.47-0.430.97-0.96-0.31-0.480.930.830.960.940.950.670.95-0.60.950.88-0.8-0.80.920.95-0.8
-0.10.84-0.650.70.430.61-0.5-0.72-0.74-0.47-0.490.0-0.57-0.6-0.49-0.320.410.41-0.56-0.530.41
-0.52-0.370.86-0.92-0.26-0.410.960.670.851.01.00.720.980.95-0.490.96-0.92-0.920.870.99-0.92
-0.48-0.230.8-0.81-0.28-0.320.960.590.770.960.960.870.90.88-0.320.96-0.86-0.860.80.91-0.86
0.480.32-0.680.810.140.32-0.85-0.4-0.67-0.92-0.92-0.56-0.91-0.80.41-0.92-0.861.0-0.62-0.921.0
0.480.32-0.680.810.140.32-0.85-0.4-0.67-0.92-0.92-0.56-0.91-0.80.41-0.92-0.861.0-0.62-0.921.0
-0.42-0.40.88-0.92-0.28-0.450.850.910.870.870.870.590.880.92-0.560.870.8-0.62-0.620.87-0.62
-0.56-0.410.85-0.95-0.23-0.410.920.680.850.990.990.621.00.95-0.530.990.91-0.92-0.920.87-0.92
0.480.32-0.680.810.140.32-0.85-0.4-0.67-0.92-0.92-0.56-0.91-0.80.41-0.92-0.861.01.0-0.62-0.92
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Surge Battery Account Relationship Matchups

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Additional Tools for Surge Stock Analysis

When running Surge Battery's price analysis, check to measure Surge Battery'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 Surge Battery is operating at the current time. Most of Surge Battery's value examination focuses on studying past and present price action to predict the probability of Surge Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surge Battery's price. Additionally, you may evaluate how the addition of Surge Battery to your portfolios can decrease your overall portfolio volatility.