| MUR Stock | | | CAD 0.01 0.01 50.00% |
Murchison Minerals financial indicator trend analysis is infinitely more than just investigating Murchison Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Murchison Minerals is a good investment. Please check the relationship between Murchison Minerals Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Murchison Minerals. 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.
Free Cash Flow Yield vs Price To Sales Ratio
Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Murchison Minerals Free Cash Flow Yield account and
Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Murchison Minerals' Free Cash Flow Yield and Price To Sales Ratio is -0.2. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Murchison Minerals, assuming nothing else is changed. The correlation between historical values of Murchison Minerals' Free Cash Flow Yield 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 Free Cash Flow Yield of Murchison Minerals 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 Free Cash Flow Yield i.e., Murchison Minerals' Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.2 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Murchison Minerals stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Murchison Minerals sales, a figure that is much harder to manipulate than other Murchison Minerals 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 Murchison Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Murchison Minerals 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 Murchison Minerals. 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, Murchison Minerals'
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 3.2
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(3.98) in 2024.
Murchison Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Murchison Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Murchison Minerals 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 Murchison Stock Analysis
When running Murchison Minerals' price analysis, check to
measure Murchison Minerals' 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 Murchison Minerals is operating at the current time. Most of Murchison Minerals' value examination focuses on studying past and present price action to
predict the probability of Murchison Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Murchison Minerals' price. Additionally, you may evaluate how the addition of Murchison Minerals to your portfolios can decrease your overall portfolio volatility.