SIC Stock | | | CAD 0.04 0.00 0.00% |
Sokoman Minerals financial indicator trend analysis is much more than just breaking down Sokoman Minerals Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sokoman Minerals Corp is a good investment. Please check the relationship between Sokoman Minerals Ptb Ratio and its Net Income Per Share accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sokoman Minerals Corp. 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 Net Income Per Share
Ptb Ratio vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sokoman Minerals Corp Ptb Ratio account and
Net Income Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sokoman Minerals' Ptb Ratio and Net Income Per Share is -0.08. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Sokoman Minerals Corp, assuming nothing else is changed. The correlation between historical values of Sokoman Minerals' Ptb Ratio and Net Income Per Share 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 Sokoman Minerals Corp are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Ptb Ratio i.e., Sokoman Minerals' Ptb Ratio and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | -0.08 |
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.
Net Income Per Share
Most indicators from Sokoman Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sokoman Minerals Corp 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Sokoman Minerals Corp. 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, Sokoman Minerals'
Issuance Of Capital Stock is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 823.27 in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(157.14) in 2024.
Sokoman Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Sokoman Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sokoman Minerals fundamental ratios Accounts
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Additional Tools for Sokoman Stock Analysis
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measure Sokoman 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 Sokoman Minerals is operating at the current time. Most of Sokoman Minerals' value examination focuses on studying past and present price action to
predict the probability of Sokoman Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sokoman Minerals' price. Additionally, you may evaluate how the addition of Sokoman Minerals to your portfolios can decrease your overall portfolio volatility.