BEW Stock | | | CAD 0.70 0.03 4.11% |
Bewhere Holdings financial indicator trend analysis is way more than just evaluating Bewhere Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bewhere Holdings is a good investment. Please check the relationship between Bewhere Holdings 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 Bewhere Holdings. 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
Bewhere Holdings 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 Bewhere Holdings' 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 Bewhere Holdings, assuming nothing else is changed. The correlation between historical values of Bewhere Holdings' 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 Bewhere Holdings 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., Bewhere Holdings' 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 Bewhere Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Bewhere Holdings sales, a figure that is much harder to manipulate than other Bewhere Holdings 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 Bewhere Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bewhere Holdings 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 Bewhere Holdings. 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, Bewhere Holdings'
Tax Provision is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 20.88 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.3
M in 2024.
Bewhere Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Bewhere Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bewhere Holdings fundamental ratios Accounts
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Additional Tools for Bewhere Stock Analysis
When running Bewhere Holdings' price analysis, check to
measure Bewhere Holdings' 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 Bewhere Holdings is operating at the current time. Most of Bewhere Holdings' value examination focuses on studying past and present price action to
predict the probability of Bewhere Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bewhere Holdings' price. Additionally, you may evaluate how the addition of Bewhere Holdings to your portfolios can decrease your overall portfolio volatility.