Vista Book Value Per Share vs Free Cash Flow Yield Analysis

VGZ Stock  CAD 0.83  0.02  2.35%   
Vista Gold financial indicator trend analysis is much more than just breaking down Vista Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vista Gold is a good investment. Please check the relationship between Vista Gold Book Value Per Share and its Free Cash Flow Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vista Gold. 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.
To learn how to invest in Vista Stock, please use our How to Invest in Vista Gold guide.

Book Value Per Share vs Free Cash Flow Yield

Book Value Per Share vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vista Gold Book Value Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have pay attention.
The correlation between Vista Gold's Book Value Per Share and Free Cash Flow Yield is -0.74. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Vista Gold, assuming nothing else is changed. The correlation between historical values of Vista Gold's Book Value Per Share and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Vista Gold are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Book Value Per Share i.e., Vista Gold's Book Value Per Share and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

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.
Most indicators from Vista Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vista Gold 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 Vista Gold. 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.
To learn how to invest in Vista Stock, please use our How to Invest in Vista Gold guide.At this time, Vista Gold's Selling General Administrative is very stable compared to the past year. As of the 4th of December 2024, Enterprise Value is likely to grow to about 56.3 M, while Issuance Of Capital Stock is likely to drop about 962.4 K.
 2021 2022 2023 2024 (projected)
Cost Of Revenue49K45K40K38K
Other Operating Expenses11.9M8.3M6.7M6.4M

Vista Gold fundamental ratios Correlations

-0.71-0.22-0.41-0.77-0.940.18-0.95-0.84-0.15-0.68-0.29-0.43-0.18-0.83-0.13-0.23-0.83-0.09-0.47-0.9-0.38-0.870.89-0.830.89
-0.710.510.591.00.68-0.650.760.620.650.920.250.280.50.390.340.690.390.320.940.650.60.81-0.440.39-0.55
-0.220.510.970.470.1-0.590.210.490.570.160.30.120.95-0.010.88-0.05-0.010.480.610.080.950.36-0.02-0.01-0.13
-0.410.590.970.570.31-0.60.410.680.580.260.270.150.90.220.82-0.050.220.420.630.30.960.53-0.240.22-0.34
-0.771.00.470.570.73-0.610.80.660.60.920.270.320.470.450.320.660.450.280.90.70.580.83-0.510.45-0.61
-0.940.680.10.310.73-0.260.990.860.230.70.050.220.030.93-0.050.290.93-0.130.440.990.250.87-0.940.93-0.92
0.18-0.65-0.59-0.6-0.61-0.26-0.34-0.39-0.95-0.530.230.0-0.52-0.1-0.28-0.45-0.1-0.11-0.75-0.29-0.54-0.390.1-0.10.18
-0.950.760.210.410.80.99-0.340.890.320.750.090.220.130.890.040.340.89-0.020.540.980.350.92-0.90.89-0.93
-0.840.620.490.680.660.86-0.390.890.370.470.070.170.380.860.310.00.860.070.450.860.590.86-0.860.86-0.86
-0.150.650.570.580.60.23-0.950.320.370.55-0.26-0.130.470.070.220.520.070.310.780.260.490.47-0.040.07-0.22
-0.680.920.160.260.920.7-0.530.750.470.550.090.230.130.42-0.040.860.420.20.850.680.240.77-0.450.42-0.56
-0.290.250.30.270.270.050.230.090.07-0.260.090.390.46-0.110.58-0.04-0.110.250.16-0.020.440.070.01-0.11-0.02
-0.430.280.120.150.320.220.00.220.17-0.130.230.390.210.10.22-0.020.10.210.130.160.240.21-0.330.1-0.1
-0.180.50.950.90.470.03-0.520.130.380.470.130.460.21-0.110.96-0.06-0.110.410.560.00.970.250.06-0.11-0.02
-0.830.39-0.010.220.450.93-0.10.890.860.070.42-0.110.1-0.11-0.15-0.011.0-0.260.140.940.120.75-0.971.0-0.91
-0.130.340.880.820.32-0.05-0.280.040.310.22-0.040.580.220.96-0.15-0.23-0.150.350.37-0.090.920.120.09-0.150.04
-0.230.69-0.05-0.050.660.29-0.450.340.00.520.86-0.04-0.02-0.06-0.01-0.23-0.010.190.740.29-0.050.410.01-0.01-0.14
-0.830.39-0.010.220.450.93-0.10.890.860.070.42-0.110.1-0.111.0-0.15-0.01-0.260.140.940.120.75-0.971.0-0.91
-0.090.320.480.420.28-0.13-0.11-0.020.070.310.20.250.210.41-0.260.350.19-0.260.43-0.170.390.340.19-0.260.03
-0.470.940.610.630.90.44-0.750.540.450.780.850.160.130.560.140.370.740.140.430.420.60.68-0.170.14-0.33
-0.90.650.080.30.70.99-0.290.980.860.260.68-0.020.160.00.94-0.090.290.94-0.170.420.220.86-0.930.94-0.92
-0.380.60.950.960.580.25-0.540.350.590.490.240.440.240.970.120.92-0.050.120.390.60.220.44-0.170.12-0.24
-0.870.810.360.530.830.87-0.390.920.860.470.770.070.210.250.750.120.410.750.340.680.860.44-0.760.75-0.84
0.89-0.44-0.02-0.24-0.51-0.940.1-0.9-0.86-0.04-0.450.01-0.330.06-0.970.090.01-0.970.19-0.17-0.93-0.17-0.76-0.970.9
-0.830.39-0.010.220.450.93-0.10.890.860.070.42-0.110.1-0.111.0-0.15-0.011.0-0.260.140.940.120.75-0.97-0.91
0.89-0.55-0.13-0.34-0.61-0.920.18-0.93-0.86-0.22-0.56-0.02-0.1-0.02-0.910.04-0.14-0.910.03-0.33-0.92-0.24-0.840.9-0.91
Click cells to compare fundamentals

Vista Gold Account Relationship Matchups

Vista Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding100.5M104.5M110.3M118.0M120.5M126.5M
Total Assets16.7M17.2M16.3M11.0M8.9M8.5M
Other Current Liab880K770K1.2M764K749K711.6K
Total Current Liabilities1.1M1.1M1.8M933K939K892.1K
Total Stockholder Equity12.6M15.9M14.3M10.0M5.0M4.7M
Property Plant And Equipment Net7.9M7.8M2.4M2.3M2.4M2.2M
Net Debt(1.4M)(7.7M)(12.8M)(8.1M)(6.1M)(6.4M)
Retained Earnings(445.1M)(444.7M)(459.9M)(464.8M)(471.4M)(447.8M)
Accounts Payable195K190K356K566K169K180.5K
Cash1.4M7.8M12.8M8.1M6.1M10.6M
Non Current Assets Total7.9M7.8M2.4M2.3M2.4M2.3M
Non Currrent Assets Other10.0M0.07.9M69K79.4K75.4K
Cash And Short Term Investments8.3M8.5M13.1M8.1M6.1M5.8M
Short Term Investments18.9M12.5M6.9M693K384K0.0
Liabilities And Stockholders Equity16.7M17.2M16.3M11.0M8.9M8.5M
Non Current Liabilities Total3.0M253K261K24K3.0M5.2M
Other Current Assets482K952K811K537K446K423.7K
Total Liab4.0M1.4M2.0M957K4.0M3.8M
Property Plant And Equipment Gross7.9M7.8M7.9M7.8M7.9M7.5M
Total Current Assets8.8M9.4M14.0M8.6M6.5M6.2M
Common Stock Total Equity456.1M456.9M457.7M460.5M529.6M402.0M
Common Stock457.7M460.5M474.2M474.8M476.4M426.1M
Net Tangible Assets12.6M15.9M14.3M10.0M9.0M17.4M
Property Plant Equipment7.9M7.8M2.4M2.3M2.1M2.0M
Net Invested Capital12.6M15.9M14.3M10.0M5.0M4.7M
Net Working Capital7.8M8.3M12.2M7.7M5.6M8.4M
Capital Stock457.7M460.5M474.2M474.8M476.4M513.4M

Pair Trading with Vista Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vista Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vista Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Vista Stock

  0.8ORE Orezone Gold CorpPairCorr

Moving against Vista Stock

  0.62JPM JPMorgan ChasePairCorr
  0.55TSLA Tesla Inc CDRPairCorr
  0.44AMZN Amazon CDRPairCorr
The ability to find closely correlated positions to Vista Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vista Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vista Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vista Gold to buy it.
The correlation of Vista Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vista Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vista Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vista Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Vista Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vista Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vista Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vista Gold Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vista Gold. 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.
To learn how to invest in Vista Stock, please use our How to Invest in Vista Gold guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Please note, there is a significant difference between Vista Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vista Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vista Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.