TX Stock | | | USD 33.38 0.17 0.51% |
Ternium SA financial indicator trend analysis is much more than just breaking down Ternium SA ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ternium SA ADR is a good investment. Please check the relationship between Ternium SA Ev To Sales and its Pfcf Ratio accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Ternium SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
Ev To Sales vs Pfcf Ratio
Ev To Sales vs Pfcf Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ternium SA ADR Ev To Sales account and
Pfcf Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ternium SA's Ev To Sales and Pfcf Ratio is -0.14. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Ternium SA ADR, assuming nothing else is changed. The correlation between historical values of Ternium SA's Ev To Sales and Pfcf 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 Ev To Sales of Ternium SA ADR are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Ev To Sales i.e., Ternium SA's Ev To Sales and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Pfcf Ratio
Most indicators from Ternium SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ternium SA ADR 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 Ternium SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
At this time, Ternium SA's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 4.63 in 2024, whereas
Tax Provision is likely to drop slightly above 180.5
M in 2024.
Ternium SA fundamental ratios Correlations
Click cells to compare fundamentals
Ternium SA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ternium SA fundamental ratios Accounts
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Additional Tools for Ternium Stock Analysis
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predict the probability of Ternium SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ternium SA's price. Additionally, you may evaluate how the addition of Ternium SA to your portfolios can decrease your overall portfolio volatility.