BVS Stock | | | USD 11.71 0.20 1.74% |
Bioventus financial indicator trend analysis is way more than just evaluating Bioventus prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bioventus is a good investment. Please check the relationship between Bioventus Pocfratio and its Price To Sales Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bioventus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy Bioventus Stock please use our
How to Invest in Bioventus guide.
Pocfratio vs Price To Sales Ratio
Pocfratio vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bioventus Pocfratio account and
Price To Sales Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bioventus' Pocfratio and Price To Sales Ratio is 0.61. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Bioventus, assuming nothing else is changed. The correlation between historical values of Bioventus' Pocfratio 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 Pocfratio of Bioventus 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 Pocfratio i.e., Bioventus' Pocfratio and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Pocfratio
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Bioventus stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Bioventus sales, a figure that is much harder to manipulate than other Bioventus 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 Bioventus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bioventus 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 Bioventus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy Bioventus Stock please use our
How to Invest in Bioventus guide.
Enterprise Value is likely to gain to about 1.2
B in 2024, whereas
Discontinued Operations is likely to drop (2.2
M) in 2024.
Bioventus fundamental ratios Correlations
Click cells to compare fundamentals
Bioventus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bioventus fundamental ratios Accounts
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Additional Tools for Bioventus Stock Analysis
When running Bioventus' price analysis, check to
measure Bioventus' 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 Bioventus is operating at the current time. Most of Bioventus' value examination focuses on studying past and present price action to
predict the probability of Bioventus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bioventus' price. Additionally, you may evaluate how the addition of Bioventus to your portfolios can decrease your overall portfolio volatility.