| PSNL Stock | | | USD 3.97 0.04 1.02% |
Personalis financial indicator trend analysis is much more than just breaking down Personalis prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Personalis is a good investment. Please check the relationship between Personalis Price To Sales Ratio and its Days Payables Outstanding accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Personalis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Personalis Stock please use our
How to buy in Personalis Stock guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Personalis Price To Sales Ratio account and
Days Payables Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Personalis' Price To Sales Ratio and Days Payables Outstanding is 0.85. 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 Personalis, assuming nothing else is changed. The correlation between historical values of Personalis' 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 Personalis 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., Personalis' Price To Sales Ratio and Days Payables Outstanding go up and down completely randomly.
Correlation Coefficient | 0.85 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Price to Sales Ratio is figured by comparing Personalis stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Personalis sales, a figure that is much harder to manipulate than other Personalis 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 Personalis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Personalis 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 Personalis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Personalis Stock please use our
How to buy in Personalis Stock guide.
Tax Provision is expected to rise to about 87.2
K this year, although the value of
Selling General Administrative will most likely fall to about 37.5
M.