FISH Stock | | | CAD 1.40 0.03 2.19% |
Sailfish Royalty financial indicator trend analysis is much more than just breaking down Sailfish Royalty Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sailfish Royalty Corp is a good investment. Please check the relationship between Sailfish Royalty Dividend Yield and its Price To Sales Ratio accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Sailfish Royalty Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Dividend Yield vs Price To Sales Ratio
Dividend Yield vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sailfish Royalty Corp Dividend Yield account and
Price To Sales Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Sailfish Royalty's Dividend Yield and Price To Sales Ratio is -0.71. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Sailfish Royalty Corp, assuming nothing else is changed. The correlation between historical values of Sailfish Royalty's Dividend Yield 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 Dividend Yield of Sailfish Royalty Corp 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 Dividend Yield i.e., Sailfish Royalty's Dividend Yield and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Dividend Yield
Dividend Yield is Sailfish Royalty Corp dividend as a percentage of Sailfish Royalty stock price. Sailfish Royalty Corp dividend yield is a measure of Sailfish Royalty stock productivity, which can be interpreted as interest rate earned on an Sailfish Royalty investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Sailfish Royalty Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Sailfish Royalty sales, a figure that is much harder to manipulate than other Sailfish Royalty Corp 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 Sailfish Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sailfish Royalty Corp 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 Sailfish Royalty Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Selling General Administrative is likely to climb to about 1.8
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.67 in 2024.
Sailfish Royalty fundamental ratios Correlations
Click cells to compare fundamentals
Sailfish Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sailfish Royalty fundamental ratios Accounts
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Additional Tools for Sailfish Stock Analysis
When running Sailfish Royalty's price analysis, check to
measure Sailfish Royalty'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 Sailfish Royalty is operating at the current time. Most of Sailfish Royalty's value examination focuses on studying past and present price action to
predict the probability of Sailfish Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sailfish Royalty's price. Additionally, you may evaluate how the addition of Sailfish Royalty to your portfolios can decrease your overall portfolio volatility.