LVS Stock | | | USD 50.07 0.16 0.32% |
Las Vegas financial indicator trend analysis is infinitely more than just investigating Las Vegas Sands recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Las Vegas Sands is a good investment. Please check the relationship between Las Vegas Roe and its Price To Sales Ratio accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Las Vegas Sands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
Roe vs Price To Sales Ratio
Roe vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Las Vegas Sands Roe account and
Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Las Vegas' Roe and Price To Sales Ratio is -0.42. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Las Vegas Sands, assuming nothing else is changed. The correlation between historical values of Las Vegas' Roe 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 Roe of Las Vegas Sands 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 Roe i.e., Las Vegas' Roe and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.42 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Roe
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Las Vegas Sands stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Las Vegas sales, a figure that is much harder to manipulate than other Las Vegas Sands 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 Las Vegas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Las Vegas Sands 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 Las Vegas Sands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
At this time, Las Vegas'
Discontinued Operations is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas
Selling General Administrative is likely to drop slightly above 973
M in 2024.
Las Vegas fundamental ratios Correlations
Click cells to compare fundamentals
Las Vegas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Las Vegas fundamental ratios Accounts
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Additional Tools for Las Stock Analysis
When running Las Vegas' price analysis, check to
measure Las Vegas' 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 Las Vegas is operating at the current time. Most of Las Vegas' value examination focuses on studying past and present price action to
predict the probability of Las Vegas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Las Vegas' price. Additionally, you may evaluate how the addition of Las Vegas to your portfolios can decrease your overall portfolio volatility.