| VGD Stock | | | CAD 0.08 0.01 14.29% |
Visible Gold financial indicator trend analysis is much more than just breaking down Visible Gold Mines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Visible Gold Mines is a good investment. Please check the relationship between Visible Gold Book Value Per Share and its Free Cash Flow Per Share accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Visible Gold Mines. 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.
Book Value Per Share vs Free Cash Flow Per Share
Book Value Per Share vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Visible Gold Mines Book Value Per Share account and
Free Cash Flow Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between Visible Gold's Book Value Per Share and Free Cash Flow Per Share is -0.99. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Visible Gold Mines, assuming nothing else is changed. The correlation between historical values of Visible Gold's Book Value Per Share and Free Cash Flow 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 Book Value Per Share of Visible Gold Mines are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Book Value Per Share i.e., Visible Gold's Book Value Per Share and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
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.
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Most indicators from Visible Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Visible Gold Mines 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 Visible Gold Mines. 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, Visible Gold's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 260.8
K in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(3.68).
Visible Gold fundamental ratios Correlations
Click cells to compare fundamentals
Visible Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Visible Gold fundamental ratios Accounts
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Additional Tools for Visible Stock Analysis
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