Minehub Price To Sales Ratio vs Free Cash Flow Yield Analysis
| MHUB Stock | 0.32 0.01 3.23% |
Minehub Technologies financial indicator trend analysis is infinitely more than just investigating Minehub Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minehub Technologies is a good investment. Please check the relationship between Minehub Technologies Price To Sales Ratio and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minehub Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Price To Sales Ratio vs Free Cash Flow Yield
Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minehub Technologies Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Minehub Technologies' Price To Sales Ratio and Free Cash Flow Yield is 0.88. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Minehub Technologies, assuming nothing else is changed. The correlation between historical values of Minehub Technologies' Price To Sales Ratio and Free Cash Flow Yield 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 Minehub Technologies are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Price To Sales Ratio i.e., Minehub Technologies' Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.88 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Minehub Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Minehub Technologies sales, a figure that is much harder to manipulate than other Minehub Technologies 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.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Most indicators from Minehub Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minehub Technologies 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 Minehub Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. Selling General Administrative is likely to drop to about 4.1 M in 2024. Issuance Of Capital Stock is likely to drop to about 6.2 M in 2024
Minehub Technologies fundamental ratios Correlations
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Minehub Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Minehub Stock Analysis
When running Minehub Technologies' price analysis, check to measure Minehub Technologies' 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 Minehub Technologies is operating at the current time. Most of Minehub Technologies' value examination focuses on studying past and present price action to predict the probability of Minehub Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minehub Technologies' price. Additionally, you may evaluate how the addition of Minehub Technologies to your portfolios can decrease your overall portfolio volatility.