AMZ Stock | | | CAD 0.03 0.01 14.29% |
Azucar Minerals financial indicator trend analysis is way more than just evaluating Azucar Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Azucar Minerals is a good investment. Please check the relationship between Azucar Minerals Price To Sales Ratio and its Days Sales Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Azucar Minerals. 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 Days Sales Outstanding
Price To Sales Ratio vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Azucar Minerals Price To Sales Ratio account and
Days Sales Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Azucar Minerals' Price To Sales Ratio and Days Sales Outstanding is -0.33. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Azucar Minerals, assuming nothing else is changed. The correlation between historical values of Azucar Minerals' Price To Sales Ratio and Days Sales Outstanding 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 Azucar Minerals are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Price To Sales Ratio i.e., Azucar Minerals' Price To Sales Ratio and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Azucar Minerals stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Azucar Minerals sales, a figure that is much harder to manipulate than other Azucar Minerals 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.
Days Sales Outstanding
Most indicators from Azucar Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Azucar Minerals 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 Azucar Minerals. 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 439.2
K in 2024.
Sales General And Administrative To Revenue is likely to drop to 5.11 in 2024
Azucar Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Azucar Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Azucar Minerals fundamental ratios Accounts
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Additional Tools for Azucar Stock Analysis
When running Azucar Minerals' price analysis, check to
measure Azucar 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 Azucar Minerals is operating at the current time. Most of Azucar Minerals' value examination focuses on studying past and present price action to
predict the probability of Azucar Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azucar Minerals' price. Additionally, you may evaluate how the addition of Azucar Minerals to your portfolios can decrease your overall portfolio volatility.