Serve Price To Sales Ratio vs Pocfratio Analysis
| SERV Stock | USD 8.81 0.48 5.76% |
Serve Robotics financial indicator trend analysis is much more than just breaking down Serve Robotics Common prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Serve Robotics Common is a good investment. Please check the relationship between Serve Robotics Price To Sales Ratio and its Pocfratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Serve Robotics Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Price To Sales Ratio vs Pocfratio
Price To Sales Ratio vs Pocfratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Serve Robotics Common Price To Sales Ratio account and Pocfratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Serve Robotics' Price To Sales Ratio and Pocfratio is -0.59. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Pocfratio in the same time period over historical financial statements of Serve Robotics Common, assuming nothing else is changed. The correlation between historical values of Serve Robotics' Price To Sales Ratio and Pocfratio 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 Serve Robotics Common are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Price To Sales Ratio i.e., Serve Robotics' Price To Sales Ratio and Pocfratio go up and down completely randomly.
Correlation Coefficient | -0.59 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Serve Robotics Common stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Serve Robotics sales, a figure that is much harder to manipulate than other Serve Robotics Common 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.Pocfratio
Most indicators from Serve Robotics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Serve Robotics Common 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Serve Robotics Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Serve Robotics' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 1 B in 2024, whereas Selling General Administrative is likely to drop slightly above 4 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 10.6M | 19.9M | 19.2M | 18.2M | Cost Of Revenue | 42.5K | 1.1M | 1.7M | 1.1M |
Serve Robotics fundamental ratios Correlations
Click cells to compare fundamentals
Serve Robotics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Serve Stock Analysis
When running Serve Robotics' price analysis, check to measure Serve Robotics' 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 Serve Robotics is operating at the current time. Most of Serve Robotics' value examination focuses on studying past and present price action to predict the probability of Serve Robotics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Serve Robotics' price. Additionally, you may evaluate how the addition of Serve Robotics to your portfolios can decrease your overall portfolio volatility.