TX Stock | | | USD 33.78 0.35 1.05% |
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 Payout Ratio and its Price To Sales 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.
Payout Ratio vs Price To Sales Ratio
Payout 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
Ternium SA ADR Payout Ratio account and
Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ternium SA's Payout Ratio and Price To Sales Ratio is -0.18. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Price To Sales 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 Payout 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 Payout Ratio of Ternium SA ADR 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 Payout Ratio i.e., Ternium SA's Payout Ratio and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Payout Ratio
Payout Ratio is the proportion of Ternium SA ADR earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Ternium SA ADR dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Ternium SA ADR is paying out more in dividends than it makes in net income.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Ternium SA ADR stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ternium SA sales, a figure that is much harder to manipulate than other Ternium SA ADR 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 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Ternium Stock Analysis
When running Ternium SA's price analysis, check to
measure Ternium SA'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 Ternium SA is operating at the current time. Most of Ternium SA's value examination focuses on studying past and present price action to
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.