COTY Stock | | | USD 7.53 0.21 2.87% |
Coty financial indicator trend analysis is way more than just evaluating Coty Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coty Inc is a good investment. Please check the relationship between Coty Price To Sales Ratio and its Pfcf Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Coty Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Price To Sales Ratio vs Pfcf Ratio
Price To Sales Ratio vs Pfcf Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Coty Inc Price To Sales Ratio account and
Pfcf Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Coty's Price To Sales Ratio and Pfcf Ratio is 0.31. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Coty Inc, assuming nothing else is changed. The correlation between historical values of Coty's Price To Sales Ratio and Pfcf 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 Price To Sales Ratio of Coty Inc are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Price To Sales Ratio i.e., Coty's Price To Sales Ratio and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Coty Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Coty sales, a figure that is much harder to manipulate than other Coty Inc 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.
Pfcf Ratio
Most indicators from Coty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coty Inc 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 Coty Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Coty's
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to rise to about 373.7
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.4
B in 2024.
Coty fundamental ratios Correlations
Click cells to compare fundamentals
Coty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Coty fundamental ratios Accounts
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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 Coty Stock Analysis
When running Coty's price analysis, check to
measure Coty'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 Coty is operating at the current time. Most of Coty's value examination focuses on studying past and present price action to
predict the probability of Coty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coty's price. Additionally, you may evaluate how the addition of Coty to your portfolios can decrease your overall portfolio volatility.