YGT Stock | | | CAD 0.07 0.01 7.14% |
Gold Terra financial indicator trend analysis is much more than just examining Gold Terra Resource latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gold Terra Resource is a good investment. Please check the relationship between Gold Terra Price To Sales Ratio and its Ptb Ratio accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Gold Terra Resource. 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.
Price To Sales Ratio vs Ptb Ratio
Price To Sales Ratio vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gold Terra Resource Price To Sales Ratio account and
Ptb Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Gold Terra's Price To Sales Ratio and Ptb Ratio is 0.34. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Gold Terra Resource, assuming nothing else is changed. The correlation between historical values of Gold Terra's Price To Sales Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Gold Terra Resource are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., Gold Terra's Price To Sales Ratio and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Gold Terra Resource stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Gold Terra sales, a figure that is much harder to manipulate than other Gold Terra Resource multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
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.
Most indicators from Gold Terra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gold Terra Resource 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Gold Terra Resource. 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, Gold Terra's
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 4.9
M in 2025, whereas
Sales General And Administrative To Revenue is likely to drop 59.33 in 2025.
Gold Terra fundamental ratios Correlations
Click cells to compare fundamentals
Gold Terra Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gold Terra fundamental ratios Accounts
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Additional Tools for Gold Stock Analysis
When running Gold Terra's price analysis, check to
measure Gold Terra'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 Gold Terra is operating at the current time. Most of Gold Terra's value examination focuses on studying past and present price action to
predict the probability of Gold Terra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Terra's price. Additionally, you may evaluate how the addition of Gold Terra to your portfolios can decrease your overall portfolio volatility.