| ATS Stock | | | 32.03 0.75 2.40% |
ATS financial indicator trend analysis is way more than just evaluating ATS Corporation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATS Corporation is a good investment. Please check the relationship between ATS Income Quality and its Price To Sales Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in ATS Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Income Quality vs Price To Sales Ratio
Income Quality vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ATS Corporation Income Quality account and
Price To Sales Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between ATS's Income Quality and Price To Sales Ratio is 0.11. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of ATS Corporation, assuming nothing else is changed. The correlation between historical values of ATS's Income Quality 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 Income Quality of ATS Corporation 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 Income Quality i.e., ATS's Income Quality and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.11 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing ATS Corporation stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on ATS sales, a figure that is much harder to manipulate than other ATS Corporation 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 ATS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATS Corporation 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 ATS Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, ATS's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 5.9
B in 2024, whereas
Tax Provision is likely to drop slightly above 32.5
M in 2024.
ATS fundamental ratios Correlations
Click cells to compare fundamentals
ATS Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ATS fundamental ratios Accounts
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Additional Tools for ATS Stock Analysis
When running ATS's price analysis, check to
measure ATS'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 ATS is operating at the current time. Most of ATS's value examination focuses on studying past and present price action to
predict the probability of ATS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATS's price. Additionally, you may evaluate how the addition of ATS to your portfolios can decrease your overall portfolio volatility.