SVM Stock | | | CAD 4.61 0.04 0.88% |
Silvercorp Metals financial indicator trend analysis is much more than just breaking down Silvercorp Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silvercorp Metals is a good investment. Please check the relationship between Silvercorp Metals Ptb Ratio and its Book Value Per Share accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Silvercorp 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 board of governors.
To learn how to invest in Silvercorp Stock, please use our
How to Invest in Silvercorp Metals guide.
Ptb Ratio vs Book Value Per Share
Ptb 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
Silvercorp Metals Ptb Ratio account and
Book Value Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between Silvercorp Metals' Ptb Ratio and Book Value Per Share is -0.74. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Silvercorp Metals, assuming nothing else is changed. The correlation between historical values of Silvercorp Metals' Ptb 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 Ptb Ratio of Silvercorp 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 Ptb Ratio i.e., Silvercorp Metals' Ptb Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.
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 Silvercorp Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silvercorp 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Silvercorp 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 board of governors.
To learn how to invest in Silvercorp Stock, please use our
How to Invest in Silvercorp Metals guide.At this time, Silvercorp Metals'
Sales General And Administrative To Revenue is very stable compared to the past year. As of the 29th of November 2024,
Enterprise Value Over EBITDA is likely to grow to 4.79, while
Selling General Administrative is likely to drop about 14.2
M.
Silvercorp Metals fundamental ratios Correlations
Click cells to compare fundamentals
Silvercorp Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silvercorp Metals fundamental ratios Accounts
When determining whether Silvercorp Metals is a strong investment it is important to analyze Silvercorp Metals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Silvercorp Metals'
future performance.
For an informed investment choice regarding Silvercorp Stock, refer to the following important reports: Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Silvercorp 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 board of governors.
To learn how to invest in Silvercorp Stock, please use our
How to Invest in Silvercorp Metals guide.
You can also try the
My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Please note, there is a significant difference between Silvercorp Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Silvercorp Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silvercorp Metals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.