QMC Stock | | | CAD 0.06 0.00 0.00% |
QMC Quantum financial indicator trend analysis is much more than just breaking down QMC Quantum Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether QMC Quantum Minerals is a good investment. Please check the relationship between QMC Quantum Ptb Ratio and its Capex To Depreciation accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in QMC Quantum 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.
Ptb Ratio vs Capex To Depreciation
Ptb Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
QMC Quantum Minerals Ptb Ratio account and
Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between QMC Quantum's Ptb Ratio and Capex To Depreciation is -0.05. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of QMC Quantum Minerals, assuming nothing else is changed. The correlation between historical values of QMC Quantum's Ptb Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of QMC Quantum Minerals are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ptb Ratio i.e., QMC Quantum's Ptb Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from QMC Quantum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into QMC Quantum 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in QMC Quantum 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.
Selling General Administrative is likely to drop to about 279
K in 2024.
Issuance Of Capital Stock is likely to drop to about 299.2
K in 2024
QMC Quantum fundamental ratios Correlations
Click cells to compare fundamentals
QMC Quantum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
QMC Quantum fundamental ratios Accounts
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