| TIG Stock | | | CAD 0.20 0.02 9.09% |
Triumph Gold financial indicator trend analysis is much more than just breaking down Triumph Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Triumph Gold Corp is a good investment. Please check the relationship between Triumph Gold Ptb Ratio and its Price To Sales Ratio accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Triumph Gold 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 Price To Sales Ratio
Ptb Ratio vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Triumph Gold Corp Ptb Ratio account and
Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Triumph Gold's Ptb Ratio and Price To Sales Ratio is -0.19. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Triumph Gold Corp, assuming nothing else is changed. The correlation between historical values of Triumph Gold's Ptb Ratio 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 Ptb Ratio of Triumph Gold Corp 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 Ptb Ratio i.e., Triumph Gold's Ptb Ratio and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.19 |
| 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.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Triumph Gold Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Triumph Gold sales, a figure that is much harder to manipulate than other Triumph Gold Corp 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 Triumph Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Triumph Gold 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 Triumph Gold 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.
Selling General Administrative is likely to drop to about 324.3
K in 2024.
Issuance Of Capital Stock is likely to drop to about 2.6
M in 2024
Triumph Gold fundamental ratios Correlations
Click cells to compare fundamentals
Triumph Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Triumph Gold fundamental ratios Accounts
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Additional Tools for Triumph Stock Analysis
When running Triumph Gold's price analysis, check to
measure Triumph Gold'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 Triumph Gold is operating at the current time. Most of Triumph Gold's value examination focuses on studying past and present price action to
predict the probability of Triumph Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Triumph Gold's price. Additionally, you may evaluate how the addition of Triumph Gold to your portfolios can decrease your overall portfolio volatility.