White Price To Sales Ratio vs Roic Analysis
| WLAB Stock | USD 0.0001 0.00 0.00% |
White Label financial indicator trend analysis is more than just analyzing White Label Liquid current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether White Label Liquid is a good investment. Please check the relationship between White Label Price To Sales Ratio and its Roic accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in White Label Liquid. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Price To Sales Ratio vs Roic
Price To Sales Ratio vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of White Label Liquid Price To Sales Ratio account and Roic. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between White Label's Price To Sales Ratio and Roic is -0.39. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Roic in the same time period over historical financial statements of White Label Liquid, assuming nothing else is changed. The correlation between historical values of White Label's Price To Sales Ratio and Roic 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 White Label Liquid are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Price To Sales Ratio i.e., White Label's Price To Sales Ratio and Roic go up and down completely randomly.
Correlation Coefficient | -0.39 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing White Label Liquid stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on White Label sales, a figure that is much harder to manipulate than other White Label Liquid 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.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.Also Currently Popular
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.When determining whether White Label Liquid offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of White Label's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of White Label Liquid Stock. Outlined below are crucial reports that will aid in making a well-informed decision on White Label Liquid Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in White Label Liquid. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of White Label. If investors know White will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about White Label listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of White Label Liquid is measured differently than its book value, which is the value of White that is recorded on the company's balance sheet. Investors also form their own opinion of White Label's value that differs from its market value or its book value, called intrinsic value, which is White Label's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because White Label's market value can be influenced by many factors that don't directly affect White Label's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between White Label's value and its price as these two are different measures arrived at by different means. Investors typically determine if White Label is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, White Label's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.