| GOVXW Stock | | | USD 0.12 0.02 14.29% |
GeoVax Labs financial indicator trend analysis is much more than just examining GeoVax Labs latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GeoVax Labs is a good investment. Please check the relationship between GeoVax Labs Average Payables and its Ev To Sales accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GeoVax Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy GeoVax Stock please use our
How to Invest in GeoVax Labs guide.
Average Payables vs Ev To Sales
Average Payables vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GeoVax Labs Average Payables account and
Ev To Sales. At this time, the significance of the direction appears to have almost identical trend.
The correlation between GeoVax Labs' Average Payables and Ev To Sales is 0.93. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of GeoVax Labs, assuming nothing else is changed. The correlation between historical values of GeoVax Labs' Average Payables and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of GeoVax Labs are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Average Payables i.e., GeoVax Labs' Average Payables and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from GeoVax Labs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GeoVax Labs 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GeoVax Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy GeoVax Stock please use our
How to Invest in GeoVax Labs guide.
Selling General Administrative is likely to drop to about 5.7
M in 2024.
Issuance Of Capital Stock is expected to grow at the current pace this year
GeoVax Labs fundamental ratios Correlations
Click cells to compare fundamentals
GeoVax Labs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GeoVax Labs fundamental ratios Accounts
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Additional Tools for GeoVax Stock Analysis
When running GeoVax Labs' price analysis, check to
measure GeoVax Labs' 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 GeoVax Labs is operating at the current time. Most of GeoVax Labs' value examination focuses on studying past and present price action to
predict the probability of GeoVax Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GeoVax Labs' price. Additionally, you may evaluate how the addition of GeoVax Labs to your portfolios can decrease your overall portfolio volatility.