WHY Stock | | | CAD 0.26 0.01 3.70% |
West High financial indicator trend analysis is more than just analyzing West High Yield current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether West High Yield is a good investment. Please check the relationship between West High Price To Sales Ratio and its Ev To Operating Cash Flow accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West High Yield. 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.
Price To Sales Ratio vs Ev To Operating Cash Flow
Price To Sales Ratio vs Ev To Operating Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
West High Yield Price To Sales Ratio account and
Ev To Operating Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between West High's Price To Sales Ratio and Ev To Operating Cash Flow is -0.11. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ev To Operating Cash Flow in the same time period over historical financial statements of West High Yield, assuming nothing else is changed. The correlation between historical values of West High's Price To Sales Ratio and Ev To Operating Cash Flow 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 West High Yield are associated (or correlated) with its Ev To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Operating Cash Flow has no effect on the direction of Price To Sales Ratio i.e., West High's Price To Sales Ratio and Ev To Operating Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing West High Yield stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on West High sales, a figure that is much harder to manipulate than other West High Yield 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.
Ev To Operating Cash Flow
A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.
Most indicators from West High's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into West High Yield 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West High Yield. 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.
At this time, West High's
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 2.1
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(7.96) in 2024.
West High fundamental ratios Correlations
Click cells to compare fundamentals
West High Account Relationship Matchups
High Positive Relationship
High Negative Relationship
West High fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for West Stock Analysis
When running West High's price analysis, check to
measure West High'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 West High is operating at the current time. Most of West High's value examination focuses on studying past and present price action to
predict the probability of West High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move West High's price. Additionally, you may evaluate how the addition of West High to your portfolios can decrease your overall portfolio volatility.