| PAAS Stock | | | USD 23.95 0.83 3.59% |
Pan American financial indicator trend analysis is much more than just breaking down Pan American Silver prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pan American Silver is a good investment. Please check the relationship between Pan American Roe and its Price To Sales Ratio accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Roe vs Price To Sales Ratio
Roe vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pan American Silver Roe account and
Price To Sales Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Pan American's Roe and Price To Sales Ratio is 0.14. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Pan American Silver, assuming nothing else is changed. The correlation between historical values of Pan American's Roe 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 Roe of Pan American Silver 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 Roe i.e., Pan American's Roe and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.14 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Roe
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Pan American Silver stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Pan American sales, a figure that is much harder to manipulate than other Pan American Silver 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 Pan American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pan American Silver 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
At this time, Pan American's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 64.6
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 133
K in 2024.
Pan American fundamental ratios Correlations
Click cells to compare fundamentals
Pan American Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pan American fundamental ratios Accounts
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Additional Tools for Pan Stock Analysis
When running Pan American's price analysis, check to
measure Pan American'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 Pan American is operating at the current time. Most of Pan American's value examination focuses on studying past and present price action to
predict the probability of Pan American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pan American's price. Additionally, you may evaluate how the addition of Pan American to your portfolios can decrease your overall portfolio volatility.