ALY Stock | | | CAD 0.01 0.01 50.00% |
AnalytixInsight financial indicator trend analysis is way more than just evaluating AnalytixInsight prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AnalytixInsight is a good investment. Please check the relationship between AnalytixInsight Price To Sales Ratio and its Book Value Per Share accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AnalytixInsight. 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.
Price To Sales Ratio vs Book Value Per Share
Price To Sales Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AnalytixInsight Price To Sales Ratio account and
Book Value Per Share. At this time, the significance of the direction appears to have almost identical trend.
The correlation between AnalytixInsight's Price To Sales Ratio and Book Value Per Share is 0.9. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of AnalytixInsight, assuming nothing else is changed. The correlation between historical values of AnalytixInsight's Price To Sales Ratio and Book Value 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 Price To Sales Ratio of AnalytixInsight are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Price To Sales Ratio i.e., AnalytixInsight's Price To Sales Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing AnalytixInsight stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on AnalytixInsight sales, a figure that is much harder to manipulate than other AnalytixInsight 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.
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.
Most indicators from AnalytixInsight's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AnalytixInsight 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in AnalytixInsight. 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, AnalytixInsight's
Discontinued Operations is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 10.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.6
M in 2024.
AnalytixInsight fundamental ratios Correlations
Click cells to compare fundamentals
AnalytixInsight Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AnalytixInsight fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for AnalytixInsight Stock Analysis
When running AnalytixInsight's price analysis, check to
measure AnalytixInsight'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 AnalytixInsight is operating at the current time. Most of AnalytixInsight's value examination focuses on studying past and present price action to
predict the probability of AnalytixInsight's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AnalytixInsight's price. Additionally, you may evaluate how the addition of AnalytixInsight to your portfolios can decrease your overall portfolio volatility.