BitFuFu Cash Per Share vs Price To Sales Ratio Analysis
FUFUW Stock | 0.43 0.01 2.38% |
BitFuFu Warrant financial indicator trend analysis is way more than just evaluating BitFuFu Warrant prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BitFuFu Warrant is a good investment. Please check the relationship between BitFuFu Warrant Cash Per Share and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BitFuFu Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more information on how to buy BitFuFu Stock please use our How to Invest in BitFuFu Warrant guide.
Cash Per Share vs Price To Sales Ratio
Cash Per Share vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BitFuFu Warrant Cash Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between BitFuFu Warrant's Cash Per Share and Price To Sales Ratio is -0.67. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of BitFuFu Warrant, assuming nothing else is changed. The correlation between historical values of BitFuFu Warrant's Cash Per Share 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 Cash Per Share of BitFuFu Warrant 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 Cash Per Share i.e., BitFuFu Warrant's Cash Per Share and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.67 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Cash Per Share
Price To Sales Ratio
Price to Sales Ratio is figured by comparing BitFuFu Warrant stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on BitFuFu Warrant sales, a figure that is much harder to manipulate than other BitFuFu Warrant 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 BitFuFu Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BitFuFu Warrant 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 BitFuFu Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more information on how to buy BitFuFu Stock please use our How to Invest in BitFuFu Warrant guide.Tax Provision is likely to climb to about 2.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 9.0M | 36.2M | 12.7M | 16.0M | Total Revenue | 103.0M | 198.2M | 284.1M | 161.3M |
BitFuFu Warrant fundamental ratios Correlations
Click cells to compare fundamentals
BitFuFu Warrant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 BitFuFu Stock Analysis
When running BitFuFu Warrant's price analysis, check to measure BitFuFu Warrant'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 BitFuFu Warrant is operating at the current time. Most of BitFuFu Warrant's value examination focuses on studying past and present price action to predict the probability of BitFuFu Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BitFuFu Warrant's price. Additionally, you may evaluate how the addition of BitFuFu Warrant to your portfolios can decrease your overall portfolio volatility.