Bluejay Payout Ratio vs Price To Sales Ratio Analysis

BJDX Stock  USD 3.50  0.02  0.57%   
Bluejay Diagnostics financial indicator trend analysis is way more than just evaluating Bluejay Diagnostics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bluejay Diagnostics is a good investment. Please check the relationship between Bluejay Diagnostics Payout Ratio and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bluejay Diagnostics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Bluejay Stock please use our How to Invest in Bluejay Diagnostics guide.

Payout Ratio vs Price To Sales Ratio

Payout Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bluejay Diagnostics Payout Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Bluejay Diagnostics' Payout Ratio and Price To Sales Ratio is -0.8. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Bluejay Diagnostics, assuming nothing else is changed. The correlation between historical values of Bluejay Diagnostics' Payout Ratio 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 Payout Ratio of Bluejay Diagnostics 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 Payout Ratio i.e., Bluejay Diagnostics' Payout Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Payout Ratio

Payout Ratio is the proportion of Bluejay Diagnostics earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Bluejay Diagnostics dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Bluejay Diagnostics is paying out more in dividends than it makes in net income.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Bluejay Diagnostics stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Bluejay Diagnostics sales, a figure that is much harder to manipulate than other Bluejay Diagnostics 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 Bluejay Diagnostics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bluejay Diagnostics 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 Bluejay Diagnostics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Bluejay Stock please use our How to Invest in Bluejay Diagnostics guide.Selling General Administrative is likely to drop to about 2.7 M in 2024. Issuance Of Capital Stock is likely to drop to about 1.5 M in 2024
 2021 2022 2023 2024 (projected)
Total Operating Expenses3.2M9.4M10.3M5.6M
Cost Of Revenue145.7K200.1K781.0K820.0K

Bluejay Diagnostics fundamental ratios Correlations

-0.810.460.320.990.920.280.69-0.97-0.490.660.960.290.84-0.240.960.8-0.72-0.83-0.840.940.94-0.860.980.230.7
-0.81-0.88-0.64-0.8-0.95-0.71-0.850.720.88-0.86-0.69-0.72-0.980.56-0.69-0.980.820.980.97-0.94-0.940.86-0.78-0.69-0.85
0.46-0.880.860.460.70.890.84-0.35-0.920.90.320.890.85-0.590.320.86-0.79-0.81-0.850.720.67-0.540.420.840.83
0.32-0.640.860.260.440.670.85-0.21-0.750.910.190.680.7-0.50.190.69-0.86-0.54-0.720.520.45-0.170.230.70.85
0.99-0.80.460.260.930.290.67-0.99-0.450.620.980.310.81-0.140.980.76-0.67-0.81-0.80.930.94-0.881.00.170.68
0.92-0.950.70.440.930.490.79-0.88-0.690.740.860.510.92-0.380.860.91-0.76-0.93-0.920.961.0-0.930.920.450.79
0.28-0.710.890.670.290.490.55-0.16-0.810.740.131.00.65-0.470.130.67-0.49-0.68-0.640.590.45-0.460.260.80.54
0.69-0.850.840.850.670.790.55-0.65-0.720.930.630.560.88-0.380.630.85-0.98-0.75-0.890.790.8-0.520.650.531.0
-0.970.72-0.35-0.21-0.99-0.88-0.16-0.650.32-0.56-1.0-0.17-0.730.03-1.0-0.680.650.710.73-0.87-0.90.8-0.99-0.03-0.65
-0.490.88-0.92-0.75-0.45-0.69-0.81-0.720.32-0.82-0.28-0.82-0.880.84-0.28-0.910.720.880.87-0.71-0.690.63-0.41-0.95-0.71
0.66-0.860.90.910.620.740.740.93-0.56-0.820.540.750.91-0.480.540.88-0.94-0.8-0.910.830.74-0.530.60.670.93
0.96-0.690.320.190.980.860.130.63-1.0-0.280.540.140.70.021.00.64-0.62-0.68-0.70.850.88-0.780.99-0.010.63
0.29-0.720.890.680.310.511.00.56-0.17-0.820.750.140.66-0.470.140.68-0.5-0.69-0.650.60.46-0.470.270.80.55
0.84-0.980.850.70.810.920.650.88-0.73-0.880.910.70.66-0.610.70.99-0.89-0.97-1.00.950.93-0.810.780.70.88
-0.240.56-0.59-0.5-0.14-0.38-0.47-0.380.030.84-0.480.02-0.47-0.610.02-0.680.470.630.6-0.37-0.410.39-0.1-0.9-0.37
0.96-0.690.320.190.980.860.130.63-1.0-0.280.541.00.140.70.020.64-0.62-0.68-0.70.850.88-0.780.99-0.010.63
0.8-0.980.860.690.760.910.670.85-0.68-0.910.880.640.680.99-0.680.64-0.86-0.98-0.990.920.91-0.810.740.750.84
-0.720.82-0.79-0.86-0.67-0.76-0.49-0.980.650.72-0.94-0.62-0.5-0.890.47-0.62-0.860.750.91-0.79-0.780.5-0.64-0.55-0.98
-0.830.98-0.81-0.54-0.81-0.93-0.68-0.750.710.88-0.8-0.68-0.69-0.970.63-0.68-0.980.750.96-0.94-0.930.91-0.79-0.71-0.75
-0.840.97-0.85-0.72-0.8-0.92-0.64-0.890.730.87-0.91-0.7-0.65-1.00.6-0.7-0.990.910.96-0.94-0.930.79-0.78-0.69-0.89
0.94-0.940.720.520.930.960.590.79-0.87-0.710.830.850.60.95-0.370.850.92-0.79-0.94-0.940.96-0.890.920.490.79
0.94-0.940.670.450.941.00.450.8-0.9-0.690.740.880.460.93-0.410.880.91-0.78-0.93-0.930.96-0.920.930.450.8
-0.860.86-0.54-0.17-0.88-0.93-0.46-0.520.80.63-0.53-0.78-0.47-0.810.39-0.78-0.810.50.910.79-0.89-0.92-0.87-0.43-0.52
0.98-0.780.420.231.00.920.260.65-0.99-0.410.60.990.270.78-0.10.990.74-0.64-0.79-0.780.920.93-0.870.130.66
0.23-0.690.840.70.170.450.80.53-0.03-0.950.67-0.010.80.7-0.9-0.010.75-0.55-0.71-0.690.490.45-0.430.130.52
0.7-0.850.830.850.680.790.541.0-0.65-0.710.930.630.550.88-0.370.630.84-0.98-0.75-0.890.790.8-0.520.660.52
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Bluejay Diagnostics Account Relationship Matchups

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Additional Tools for Bluejay Stock Analysis

When running Bluejay Diagnostics' price analysis, check to measure Bluejay Diagnostics' 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 Bluejay Diagnostics is operating at the current time. Most of Bluejay Diagnostics' value examination focuses on studying past and present price action to predict the probability of Bluejay Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bluejay Diagnostics' price. Additionally, you may evaluate how the addition of Bluejay Diagnostics to your portfolios can decrease your overall portfolio volatility.