Vista Sale Purchase Of Stock vs Other Non Cash Items Analysis

VGZ Stock  CAD 0.90  0.01  1.10%   
Vista Gold financial indicator trend analysis is much more than just breaking down Vista Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vista Gold is a good investment. Please check the relationship between Vista Gold Sale Purchase Of Stock and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vista Gold. 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 Vista Stock, please use our How to Invest in Vista Gold guide.

Sale Purchase Of Stock vs Other Non Cash Items

Sale Purchase Of Stock vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vista Gold Sale Purchase Of Stock account and Other Non Cash Items. At this time, the significance of the direction appears to have no relationship.
The correlation between Vista Gold's Sale Purchase Of Stock and Other Non Cash Items is 0.02. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Vista Gold, assuming nothing else is changed. The correlation between historical values of Vista Gold's Sale Purchase Of Stock and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Vista Gold are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Sale Purchase Of Stock i.e., Vista Gold's Sale Purchase Of Stock and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Sale Purchase Of Stock

Other Non Cash Items

Most indicators from Vista Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vista Gold 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 Vista Gold. 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 Vista Stock, please use our How to Invest in Vista Gold guide.As of the 1st of March 2025, Selling General Administrative is likely to grow to about 4.4 M, while Issuance Of Capital Stock is likely to drop about 866.1 K.
 2022 2023 2024 2025 (projected)
Cost Of Revenue45K40K36K34.2K
Other Operating Expenses8.3M6.7M7.7M15.1M

Vista Gold fundamental ratios Correlations

-0.71-0.23-0.41-0.77-0.890.18-0.85-0.8-0.11-0.67-0.38-0.54-0.22-0.76-0.19-0.21-0.76-0.09-0.46-0.85-0.4-0.830.85-0.760.83
-0.710.510.61.00.69-0.650.740.630.640.920.280.260.510.40.360.680.40.310.940.660.610.82-0.440.4-0.56
-0.230.510.970.480.11-0.590.20.50.570.170.310.110.95-0.010.88-0.050.00.470.610.090.950.37-0.02-0.01-0.14
-0.410.60.970.580.32-0.60.410.680.580.270.290.140.90.220.82-0.040.220.420.630.310.960.54-0.250.22-0.35
-0.771.00.480.580.74-0.610.780.660.590.920.310.290.480.460.340.650.460.270.90.710.590.83-0.510.46-0.61
-0.890.690.110.320.74-0.270.980.860.220.710.090.210.050.93-0.020.290.93-0.130.450.990.270.87-0.930.93-0.92
0.18-0.65-0.59-0.6-0.61-0.27-0.34-0.39-0.94-0.530.2-0.04-0.52-0.11-0.29-0.45-0.11-0.12-0.75-0.3-0.54-0.40.11-0.110.19
-0.850.740.20.410.780.98-0.340.880.340.740.080.070.130.890.030.350.89-0.030.540.980.340.91-0.860.89-0.92
-0.80.630.50.680.660.86-0.390.880.360.480.10.160.390.860.320.00.860.070.460.870.590.86-0.860.86-0.87
-0.110.640.570.580.590.22-0.940.340.360.54-0.25-0.150.470.070.220.520.070.340.770.260.490.47-0.040.07-0.21
-0.670.920.170.270.920.71-0.530.740.480.540.120.210.150.42-0.010.850.420.190.850.690.260.77-0.450.42-0.56
-0.380.280.310.290.310.090.20.080.1-0.250.120.350.48-0.090.6-0.03-0.090.250.180.010.460.10.0-0.09-0.05
-0.540.260.110.140.290.21-0.040.070.16-0.150.210.350.180.090.2-0.020.10.080.130.160.210.19-0.320.09-0.09
-0.220.510.950.90.480.05-0.520.130.390.470.150.480.18-0.10.96-0.05-0.10.410.560.020.970.260.05-0.1-0.03
-0.760.4-0.010.220.460.93-0.110.890.860.070.42-0.090.09-0.1-0.140.01.0-0.260.150.940.130.75-0.971.0-0.91
-0.190.360.880.820.34-0.02-0.290.030.320.22-0.010.60.20.96-0.14-0.22-0.140.350.38-0.070.920.140.09-0.140.03
-0.210.68-0.05-0.040.650.29-0.450.350.00.520.85-0.03-0.02-0.050.0-0.220.00.20.740.29-0.040.410.010.0-0.15
-0.760.40.00.220.460.93-0.110.890.860.070.42-0.090.1-0.11.0-0.140.0-0.260.150.940.130.75-0.971.0-0.91
-0.090.310.470.420.27-0.13-0.12-0.030.070.340.190.250.080.41-0.260.350.2-0.260.43-0.170.390.340.22-0.260.01
-0.460.940.610.630.90.45-0.750.540.460.770.850.180.130.560.150.380.740.150.430.430.610.68-0.170.15-0.34
-0.850.660.090.310.710.99-0.30.980.870.260.690.010.160.020.94-0.070.290.94-0.170.430.240.86-0.930.94-0.92
-0.40.610.950.960.590.27-0.540.340.590.490.260.460.210.970.130.92-0.040.130.390.610.240.45-0.170.13-0.25
-0.830.820.370.540.830.87-0.40.910.860.470.770.10.190.260.750.140.410.750.340.680.860.45-0.760.75-0.84
0.85-0.44-0.02-0.25-0.51-0.930.11-0.86-0.86-0.04-0.450.0-0.320.05-0.970.090.01-0.970.22-0.17-0.93-0.17-0.76-0.970.9
-0.760.4-0.010.220.460.93-0.110.890.860.070.42-0.090.09-0.11.0-0.140.01.0-0.260.150.940.130.75-0.97-0.91
0.83-0.56-0.14-0.35-0.61-0.920.19-0.92-0.87-0.21-0.56-0.05-0.09-0.03-0.910.03-0.15-0.910.01-0.34-0.92-0.25-0.840.9-0.91
Click cells to compare fundamentals

Vista Gold Account Relationship Matchups

Vista Gold fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding104.5M110.3M118.0M120.5M138.5M145.5M
Total Assets17.2M16.3M11.0M8.9M8.0M7.6M
Other Current Liab770K1.2M764K749K861.4K818.3K
Total Current Liabilities1.1M1.8M933K939K845.1K802.8K
Total Stockholder Equity15.9M14.3M10.0M5.0M4.5M4.2M
Property Plant And Equipment Net7.8M2.4M2.3M2.4M2.1M2.0M
Net Debt(7.7M)(12.8M)(8.1M)(6.1M)(5.5M)(5.7M)
Retained Earnings(444.7M)(459.9M)(464.8M)(471.4M)(424.3M)(403.0M)
Accounts Payable190K356K566K169K171K162.5K
Cash7.8M12.8M8.1M6.1M7.0M10.6M
Non Current Assets Total7.8M2.4M2.3M2.4M2.2M2.1M
Cash And Short Term Investments8.5M13.1M8.1M6.1M7.0M6.6M
Liabilities And Stockholders Equity17.2M16.3M11.0M8.9M8.0M7.6M
Non Current Liabilities Total253K261K24K3.0M2.7M5.2M
Other Current Assets952K811K537K446K512.9K953.6K
Total Liab1.4M2.0M957K4.0M3.6M3.4M
Property Plant And Equipment Gross7.8M7.9M7.8M7.9M7.1M6.7M
Total Current Assets9.4M14.0M8.6M6.5M7.5M7.1M
Common Stock460.5M474.2M474.8M476.4M547.8M426.1M
Net Tangible Assets12.6M15.9M14.3M10.0M9.0M17.4M
Property Plant Equipment7.9M7.8M2.4M2.3M2.1M2.0M
Net Invested Capital15.9M14.3M10.0M5.0M4.5M4.2M
Net Working Capital8.3M12.2M7.7M5.6M5.0M8.4M
Capital Stock460.5M474.2M474.8M476.4M547.8M513.4M

Pair Trading with Vista Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vista Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vista Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Vista Stock

  0.75ORE Orezone Gold CorpPairCorr

Moving against Vista Stock

  0.6IE Ivanhoe EnergyPairCorr
  0.53INFM Infinico Metals CorpPairCorr
  0.5TD-PFI Toronto Dominion BankPairCorr
  0.45MFC Manulife Financial CorpPairCorr
The ability to find closely correlated positions to Vista Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vista Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vista Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vista Gold to buy it.
The correlation of Vista Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vista Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vista Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vista Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Vista Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vista Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vista Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vista Gold Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vista Gold. 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 Vista Stock, please use our How to Invest in Vista Gold guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Please note, there is a significant difference between Vista Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vista Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vista Gold's 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.