VXL Stock | | | CAD 0.01 0.00 0.00% |
Vaxil Bio financial indicator trend analysis is much more than just breaking down Vaxil Bio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vaxil Bio is a good investment. Please check the relationship between Vaxil Bio Roic and its Average Payables accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Vaxil Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Roic vs Average Payables
Roic vs Average Payables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vaxil Bio Roic account and
Average Payables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Vaxil Bio's Roic and Average Payables is -0.06. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Average Payables in the same time period over historical financial statements of Vaxil Bio, assuming nothing else is changed. The correlation between historical values of Vaxil Bio's Roic and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Vaxil Bio are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Roic i.e., Vaxil Bio's Roic and Average Payables go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.
Most indicators from Vaxil Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vaxil Bio 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 Vaxil Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to 114.00 in 2024.
Enterprise Value Over EBITDA is likely to climb to -9,376 in 2024
Vaxil Bio fundamental ratios Correlations
Click cells to compare fundamentals
Vaxil Bio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vaxil Bio fundamental ratios Accounts
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Additional Tools for Vaxil Stock Analysis
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