MYSZ Stock | | | USD 1.29 0.05 3.73% |
My Size financial indicator trend analysis is infinitely more than just investigating My Size recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether My Size is a good investment. Please check the relationship between My Size Price To Sales Ratio and its Days Payables Outstanding accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in My Size. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy MYSZ Stock please use our
How to Invest in My Size guide.
Price To Sales Ratio vs Days Payables Outstanding
Price To Sales Ratio vs Days Payables Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
My Size Price To Sales Ratio account and
Days Payables Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between My Size's Price To Sales Ratio and Days Payables Outstanding is -0.05. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Payables Outstanding in the same time period over historical financial statements of My Size, assuming nothing else is changed. The correlation between historical values of My Size's Price To Sales Ratio and Days Payables Outstanding 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 My Size are associated (or correlated) with its Days Payables Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Payables Outstanding has no effect on the direction of Price To Sales Ratio i.e., My Size's Price To Sales Ratio and Days Payables Outstanding go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing My Size stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on My Size sales, a figure that is much harder to manipulate than other My Size 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.
Days Payables Outstanding
Most indicators from My Size's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into My Size 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 My Size. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy MYSZ Stock please use our
How to Invest in My Size guide.
Issuance Of Capital Stock is likely to rise to about 6.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.2
M in 2024.
My Size fundamental ratios Correlations
Click cells to compare fundamentals
My Size Account Relationship Matchups
High Positive Relationship
High Negative Relationship
My Size fundamental ratios Accounts
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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 MYSZ Stock Analysis
When running My Size's price analysis, check to
measure My Size'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 My Size is operating at the current time. Most of My Size's value examination focuses on studying past and present price action to
predict the probability of My Size's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move My Size's price. Additionally, you may evaluate how the addition of My Size to your portfolios can decrease your overall portfolio volatility.