Rivex Ptb Ratio vs Price To Sales Ratio Analysis
| RIVX Stock | USD 0.0001 0.00 0.00% |
Rivex Technology financial indicator trend analysis is much more than just breaking down Rivex Technology Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rivex Technology Corp is a good investment. Please check the relationship between Rivex Technology Ptb Ratio and its Price To Sales Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rivex Technology Corp. 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.
Ptb Ratio vs Price To Sales Ratio
Ptb Ratio vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rivex Technology Corp Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Rivex Technology's Ptb Ratio and Price To Sales Ratio is -0.23. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Rivex Technology Corp, assuming nothing else is changed. The correlation between historical values of Rivex Technology's Ptb Ratio 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 Ptb Ratio of Rivex Technology Corp 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 Ptb Ratio i.e., Rivex Technology's Ptb Ratio and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.23 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Rivex Technology Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Rivex Technology sales, a figure that is much harder to manipulate than other Rivex Technology Corp 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 Rivex Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rivex Technology Corp 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 Rivex Technology Corp. 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. Discontinued Operations is likely to rise to about (21.5 K) in 2024. Selling General Administrative is likely to drop to about 18.3 K in 2024
Rivex Technology fundamental ratios Correlations
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Rivex Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Rivex Technology's price analysis, check to measure Rivex Technology'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 Rivex Technology is operating at the current time. Most of Rivex Technology's value examination focuses on studying past and present price action to predict the probability of Rivex Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rivex Technology's price. Additionally, you may evaluate how the addition of Rivex Technology to your portfolios can decrease your overall portfolio volatility.