BWAY Stock | | | USD 9.68 0.03 0.31% |
Brainsway financial indicator trend analysis is way more than just evaluating Brainsway prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brainsway is a good investment. Please check the relationship between Brainsway Price To Sales Ratio and its Roe accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brainsway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Brainsway Stock please use our
How to Invest in Brainsway guide.
Price To Sales Ratio vs Roe
Price To Sales Ratio vs Roe Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brainsway Price To Sales Ratio account and
Roe. At this time, the significance of the direction appears to have pay attention.
The correlation between Brainsway's Price To Sales Ratio and Roe is -0.83. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Roe in the same time period over historical financial statements of Brainsway, assuming nothing else is changed. The correlation between historical values of Brainsway's Price To Sales Ratio and Roe is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Brainsway are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Price To Sales Ratio i.e., Brainsway's Price To Sales Ratio and Roe go up and down completely randomly.
Correlation Coefficient | -0.83 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Brainsway stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Brainsway sales, a figure that is much harder to manipulate than other Brainsway 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.
Roe
Most indicators from Brainsway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brainsway 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 Brainsway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Brainsway Stock please use our
How to Invest in Brainsway guide.
Selling General Administrative is likely to rise to about 9
M in 2024, whereas
Tax Provision is likely to drop slightly above 275.8
K in 2024.
Brainsway fundamental ratios Correlations
Click cells to compare fundamentals
Brainsway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brainsway fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Brainsway Stock Analysis
When running Brainsway's price analysis, check to
measure Brainsway'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 Brainsway is operating at the current time. Most of Brainsway's value examination focuses on studying past and present price action to
predict the probability of Brainsway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brainsway's price. Additionally, you may evaluate how the addition of Brainsway to your portfolios can decrease your overall portfolio volatility.