PAX Stock | | | USD 12.58 0.10 0.80% |
Patria Investments financial indicator trend analysis is much more than just breaking down Patria Investments prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Patria Investments is a good investment. Please check the relationship between Patria Investments Ebit Per Revenue and its Total Revenue accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patria Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Patria Stock please use our
How to Invest in Patria Investments guide.
Ebit Per Revenue vs Total Revenue
Ebit Per Revenue vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Patria Investments Ebit Per Revenue account and
Total Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Patria Investments' Ebit Per Revenue and Total Revenue is 0.38. Overlapping area represents the amount of variation of Ebit Per Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Patria Investments, assuming nothing else is changed. The correlation between historical values of Patria Investments' Ebit Per Revenue and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit Per Revenue of Patria Investments are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebit Per Revenue i.e., Patria Investments' Ebit Per Revenue and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ebit Per Revenue
Total Revenue
Total revenue comprises all receipts Patria Investments generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Patria Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Patria Investments 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patria Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Patria Stock please use our
How to Invest in Patria Investments guide.At this time, Patria Investments'
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.31 in 2024, despite the fact that
Tax Provision is likely to grow to (2.7
M).
Patria Investments fundamental ratios Correlations
Click cells to compare fundamentals
Patria Investments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Patria Investments fundamental ratios Accounts
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Additional Tools for Patria Stock Analysis
When running Patria Investments' price analysis, check to
measure Patria Investments' 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 Patria Investments is operating at the current time. Most of Patria Investments' value examination focuses on studying past and present price action to
predict the probability of Patria Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patria Investments' price. Additionally, you may evaluate how the addition of Patria Investments to your portfolios can decrease your overall portfolio volatility.