ECOM Stock | | | CAD 0.04 0.00 0.00% |
Emerge Commerce financial indicator trend analysis is much more than just examining Emerge Commerce latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emerge Commerce is a good investment. Please check the relationship between Emerge Commerce Price To Sales Ratio and its Income Quality accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emerge Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Price To Sales Ratio vs Income Quality
Price To Sales Ratio vs Income Quality Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Emerge Commerce Price To Sales Ratio account and
Income Quality. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Emerge Commerce's Price To Sales Ratio and Income Quality is -0.05. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Income Quality in the same time period over historical financial statements of Emerge Commerce, assuming nothing else is changed. The correlation between historical values of Emerge Commerce's Price To Sales Ratio and Income Quality 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 Emerge Commerce are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Price To Sales Ratio i.e., Emerge Commerce's Price To Sales Ratio and Income Quality go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Emerge Commerce stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Emerge Commerce sales, a figure that is much harder to manipulate than other Emerge Commerce 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.
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
Most indicators from Emerge Commerce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emerge Commerce 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emerge Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
At this time, Emerge Commerce's
Discontinued Operations is fairly stable compared to the past year.
Selling General Administrative is likely to climb to about 13.6
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 687.6
K in 2024.
Emerge Commerce fundamental ratios Correlations
Click cells to compare fundamentals
Emerge Commerce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Emerge Commerce fundamental ratios Accounts
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Additional Tools for Emerge Stock Analysis
When running Emerge Commerce's price analysis, check to
measure Emerge Commerce'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 Emerge Commerce is operating at the current time. Most of Emerge Commerce's value examination focuses on studying past and present price action to
predict the probability of Emerge Commerce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emerge Commerce's price. Additionally, you may evaluate how the addition of Emerge Commerce to your portfolios can decrease your overall portfolio volatility.