Brand Tangible Book Value Per Share vs Price To Sales Ratio Analysis
BNAIW Stock | 0.02 0.0002 0.96% |
Brand Engagement financial indicator trend analysis is way more than just evaluating Brand Engagement Network prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brand Engagement Network is a good investment. Please check the relationship between Brand Engagement Tangible Book Value Per Share and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brand Engagement Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Tangible Book Value Per Share vs Price To Sales Ratio
Tangible Book Value Per Share vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brand Engagement Network Tangible Book Value Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Brand Engagement's Tangible Book Value Per Share and Price To Sales Ratio is -0.55. Overlapping area represents the amount of variation of Tangible Book Value Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Brand Engagement Network, assuming nothing else is changed. The correlation between historical values of Brand Engagement's Tangible Book Value Per Share 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 Tangible Book Value Per Share of Brand Engagement Network 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 Tangible Book Value Per Share i.e., Brand Engagement's Tangible Book Value Per Share and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.55 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Tangible Book Value Per Share
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Brand Engagement Network stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Brand Engagement sales, a figure that is much harder to manipulate than other Brand Engagement Network 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 Brand Engagement's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brand Engagement Network 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 Brand Engagement Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Brand Engagement's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 238.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 994.6 K in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.4K | 15.6K | 18.0K | 12.7K | Total Revenue | 7.4K | 15.6K | 18.0K | 12.7K |
Brand Engagement fundamental ratios Correlations
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Brand Engagement Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Brand Engagement's price analysis, check to measure Brand Engagement'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 Brand Engagement is operating at the current time. Most of Brand Engagement's value examination focuses on studying past and present price action to predict the probability of Brand Engagement's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brand Engagement's price. Additionally, you may evaluate how the addition of Brand Engagement to your portfolios can decrease your overall portfolio volatility.