FDMT Stock | | | USD 7.79 0.20 2.50% |
4D Molecular financial indicator trend analysis is way more than just evaluating 4D Molecular Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 4D Molecular Therapeutics is a good investment. Please check the relationship between 4D Molecular Ptb Ratio and its Average Inventory accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 4D Molecular Therapeutics. 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.
Ptb Ratio vs Average Inventory
Ptb Ratio vs Average Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
4D Molecular Therapeutics Ptb Ratio account and
Average Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between 4D Molecular's Ptb Ratio and Average Inventory is -0.54. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Average Inventory in the same time period over historical financial statements of 4D Molecular Therapeutics, assuming nothing else is changed. The correlation between historical values of 4D Molecular's Ptb Ratio and Average Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of 4D Molecular Therapeutics are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Ptb Ratio i.e., 4D Molecular's Ptb Ratio and Average Inventory go up and down completely randomly.
Correlation Coefficient | -0.54 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.
Most indicators from 4D Molecular's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 4D Molecular Therapeutics 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 4D Molecular Therapeutics. 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, 4D Molecular's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 587.6
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 21.7
M in 2024.
4D Molecular fundamental ratios Correlations
Click cells to compare fundamentals
4D Molecular Account Relationship Matchups
High Positive Relationship
High Negative Relationship
4D Molecular fundamental ratios Accounts
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Additional Tools for FDMT Stock Analysis
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measure 4D Molecular'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 4D Molecular is operating at the current time. Most of 4D Molecular's value examination focuses on studying past and present price action to
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