SNES Stock | | | USD 2.25 0.01 0.44% |
SenesTech financial indicator trend analysis is much more than just breaking down SenesTech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SenesTech is a good investment. Please check the relationship between SenesTech 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 SenesTech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy SenesTech Stock please use our
How to Invest in SenesTech guide.
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
SenesTech Price To Sales Ratio account and
Pocfratio. At this time, the significance of the direction appears to have pay attention.
The correlation between SenesTech's Price To Sales Ratio and Pocfratio is -0.96. 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 SenesTech, assuming nothing else is changed. The correlation between historical values of SenesTech's 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 SenesTech 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., SenesTech's Price To Sales Ratio and Pocfratio go up and down completely randomly.
Correlation Coefficient | -0.96 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing SenesTech stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on SenesTech sales, a figure that is much harder to manipulate than other SenesTech 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 SenesTech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SenesTech 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 SenesTech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy SenesTech Stock please use our
How to Invest in SenesTech guide.
Selling General Administrative is likely to gain to about 8.2
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 7
M in 2024.
SenesTech fundamental ratios Correlations
Click cells to compare fundamentals
SenesTech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SenesTech fundamental ratios Accounts
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Additional Tools for SenesTech Stock Analysis
When running SenesTech's price analysis, check to
measure SenesTech'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 SenesTech is operating at the current time. Most of SenesTech's value examination focuses on studying past and present price action to
predict the probability of SenesTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SenesTech's price. Additionally, you may evaluate how the addition of SenesTech to your portfolios can decrease your overall portfolio volatility.