| KCC Stock | | | CAD 0.04 0.01 33.33% |
Kincora Copper financial indicator trend analysis is infinitely more than just investigating Kincora Copper recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kincora Copper is a good investment. Please check the relationship between Kincora Copper Average Payables and its Price To Sales Ratio accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kincora Copper. 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.
Average Payables vs Price To Sales Ratio
Average Payables vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kincora Copper Average Payables account and
Price To Sales Ratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Kincora Copper's Average Payables and Price To Sales Ratio is 0.21. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Kincora Copper, assuming nothing else is changed. The correlation between historical values of Kincora Copper's Average Payables and Price To Sales 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 Average Payables of Kincora Copper are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Average Payables i.e., Kincora Copper's Average Payables and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.21 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Kincora Copper stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Kincora Copper sales, a figure that is much harder to manipulate than other Kincora Copper 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.
Most indicators from Kincora Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kincora Copper 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kincora Copper. 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, Kincora Copper's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 4.4
M in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(5.20).
Kincora Copper fundamental ratios Correlations
Click cells to compare fundamentals
Kincora Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kincora Copper fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Kincora Stock Analysis
When running Kincora Copper's price analysis, check to
measure Kincora Copper'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 Kincora Copper is operating at the current time. Most of Kincora Copper's value examination focuses on studying past and present price action to
predict the probability of Kincora Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kincora Copper's price. Additionally, you may evaluate how the addition of Kincora Copper to your portfolios can decrease your overall portfolio volatility.