VGZ Stock | | | USD 0.61 0.01 1.67% |
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 Short Term Investments and its Net Invested Capital 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 price.
For more information on how to buy Vista Stock please use our
How to Invest in Vista Gold guide.
Short Term Investments vs Net Invested Capital
Short Term Investments vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vista Gold Short Term Investments account and
Net Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Vista Gold's Short Term Investments and Net Invested Capital is 0.41. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Invested Capital 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 Short Term Investments and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Vista Gold are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Short Term Investments i.e., Vista Gold's Short Term Investments and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Vista Gold balance sheet. It contains any investments Vista Gold undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Vista Gold can easily liquidate in the marketplace.
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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 price.
For more information on how to buy Vista Stock please use our
How to Invest in Vista Gold guide.At this time, Vista Gold's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 56.3
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 1.1
M in 2024.
Vista Gold fundamental ratios Correlations
Click cells to compare fundamentals
Vista Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vista Gold fundamental ratios Accounts
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Additional Tools for Vista Stock Analysis
When running Vista Gold's price analysis, check to
measure Vista 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 Vista Gold is operating at the current time. Most of Vista Gold's value examination focuses on studying past and present price action to
predict the probability of Vista 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 Vista Gold's price. Additionally, you may evaluate how the addition of Vista Gold to your portfolios can decrease your overall portfolio volatility.