ROMJ Stock | | | CAD 0.30 0.06 16.67% |
Rubicon Organics financial indicator trend analysis is much more than just breaking down Rubicon Organics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rubicon Organics is a good investment. Please check the relationship between Rubicon Organics Price To Sales Ratio and its Pb Ratio accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rubicon Organics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Price To Sales Ratio vs Pb Ratio
Price To Sales Ratio vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Rubicon Organics Price To Sales Ratio account and
Pb Ratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Rubicon Organics' Price To Sales Ratio and Pb Ratio is 0.93. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Rubicon Organics, assuming nothing else is changed. The correlation between historical values of Rubicon Organics' Price To Sales Ratio and Pb 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 Price To Sales Ratio of Rubicon Organics are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Price To Sales Ratio i.e., Rubicon Organics' Price To Sales Ratio and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Rubicon Organics stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Rubicon Organics sales, a figure that is much harder to manipulate than other Rubicon Organics 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.
Pb Ratio
Most indicators from Rubicon Organics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rubicon Organics 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 Rubicon Organics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
At this time, Rubicon Organics'
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to climb to 18.22 in 2024, whereas
Discontinued Operations is likely to drop (765.1
K) in 2024.
Rubicon Organics fundamental ratios Correlations
Click cells to compare fundamentals
Rubicon Organics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rubicon Organics fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Rubicon Stock Analysis
When running Rubicon Organics' price analysis, check to
measure Rubicon Organics' 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 Rubicon Organics is operating at the current time. Most of Rubicon Organics' value examination focuses on studying past and present price action to
predict the probability of Rubicon Organics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rubicon Organics' price. Additionally, you may evaluate how the addition of Rubicon Organics to your portfolios can decrease your overall portfolio volatility.