LQwD Price To Sales Ratio vs Roe Analysis
LQWD Stock | 1.50 0.03 2.04% |
LQwD FinTech financial indicator trend analysis is infinitely more than just investigating LQwD FinTech Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LQwD FinTech Corp is a good investment. Please check the relationship between LQwD FinTech Price To Sales Ratio and its Roe accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LQwD FinTech 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 unemployment.
Price To Sales Ratio vs Roe
Price To Sales Ratio vs Roe Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LQwD FinTech Corp Price To Sales Ratio account and Roe. At this time, the significance of the direction appears to have very week relationship.
The correlation between LQwD FinTech's Price To Sales Ratio and Roe is 0.22. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Roe in the same time period over historical financial statements of LQwD FinTech Corp, assuming nothing else is changed. The correlation between historical values of LQwD FinTech's Price To Sales Ratio and Roe 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 LQwD FinTech Corp are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Price To Sales Ratio i.e., LQwD FinTech's Price To Sales Ratio and Roe go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing LQwD FinTech Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on LQwD FinTech sales, a figure that is much harder to manipulate than other LQwD FinTech 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.Roe
Most indicators from LQwD FinTech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LQwD FinTech 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LQwD FinTech 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 unemployment. At this time, LQwD FinTech's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3.2 M in 2024, whereas Enterprise Value Multiple is likely to drop (9.71) in 2024.
LQwD FinTech fundamental ratios Correlations
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LQwD FinTech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for LQwD Stock Analysis
When running LQwD FinTech's price analysis, check to measure LQwD FinTech'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 LQwD FinTech is operating at the current time. Most of LQwD FinTech's value examination focuses on studying past and present price action to predict the probability of LQwD FinTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LQwD FinTech's price. Additionally, you may evaluate how the addition of LQwD FinTech to your portfolios can decrease your overall portfolio volatility.