| NVX Stock | | | CAD 0.20 0.01 5.26% |
NV Gold financial indicator trend analysis is infinitely more than just investigating NV Gold Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NV Gold Corp is a good investment. Please check the relationship between NV Gold Net Income Per Share and its Book Value Per Share accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NV Gold Corp. 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.
Net Income Per Share vs Book Value Per Share
Net Income Per Share vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NV Gold Corp Net Income Per Share account and
Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NV Gold's Net Income Per Share and Book Value Per Share is -0.41. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of NV Gold Corp, assuming nothing else is changed. The correlation between historical values of NV Gold's Net Income Per Share 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 Net Income Per Share of NV Gold Corp 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 Net Income Per Share i.e., NV Gold's Net Income Per Share and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.41 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Income Per Share
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 NV Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NV Gold Corp 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 NV Gold Corp. 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.
Selling General Administrative is likely to drop to about 728
K in 2025.
Issuance Of Capital Stock is likely to drop to about 451.8
K in 2025
NV Gold fundamental ratios Correlations
Click cells to compare fundamentals
NV Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NV Gold fundamental ratios Accounts
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Additional Tools for NVX Stock Analysis
When running NV Gold's price analysis, check to
measure NV 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 NV Gold is operating at the current time. Most of NV Gold's value examination focuses on studying past and present price action to
predict the probability of NV 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 NV Gold's price. Additionally, you may evaluate how the addition of NV Gold to your portfolios can decrease your overall portfolio volatility.