AMX Stock | | | CAD 1.15 0.02 1.71% |
America Movil financial indicator trend analysis is way more than just evaluating Amex Exploration prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amex Exploration is a good investment. Please check the relationship between America Movil Average Payables and its Price To Sales Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Amex Exploration. 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.
Average Payables vs Price To Sales Ratio
Average Payables vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Amex Exploration Average Payables account and
Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between America Movil's Average Payables and Price To Sales Ratio is -0.37. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Amex Exploration, assuming nothing else is changed. The correlation between historical values of America Movil's Average Payables 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 Average Payables of Amex Exploration 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 Average Payables i.e., America Movil's Average Payables and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Amex Exploration stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on America Movil sales, a figure that is much harder to manipulate than other Amex Exploration 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 America Movil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amex Exploration 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 Amex Exploration. 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.
Enterprise Value is likely to climb to about 226.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.3
M in 2024.
America Movil fundamental ratios Correlations
Click cells to compare fundamentals
America Movil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
America Movil fundamental ratios Accounts
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Additional Tools for America Stock Analysis
When running America Movil's price analysis, check to
measure America Movil'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 America Movil is operating at the current time. Most of America Movil's value examination focuses on studying past and present price action to
predict the probability of America Movil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move America Movil's price. Additionally, you may evaluate how the addition of America Movil to your portfolios can decrease your overall portfolio volatility.