Avax Free Cash Flow Yield vs Price To Sales Ratio Analysis
Avax Techs financial indicator trend analysis is way more than just evaluating Avax Techs prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avax Techs is a good investment. Please check the relationship between Avax Techs Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avax Techs. 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. For more information on how to buy Avax Stock please use our How to Invest in Avax Techs guide.
Free Cash Flow Yield vs Price To Sales Ratio
Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avax Techs Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Avax Techs' Free Cash Flow Yield and Price To Sales Ratio is 0.95. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Avax Techs, assuming nothing else is changed. The correlation between historical values of Avax Techs' Free Cash Flow Yield 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 Free Cash Flow Yield of Avax Techs 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 Free Cash Flow Yield i.e., Avax Techs' Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Avax Techs stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Avax Techs sales, a figure that is much harder to manipulate than other Avax Techs 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 Avax Techs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avax Techs 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Avax Techs. 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. For more information on how to buy Avax Stock please use our How to Invest in Avax Techs guide.Enterprise Value is likely to gain to about 12.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.1 M in 2024.
Avax Techs fundamental ratios Correlations
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Avax Techs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Avax Stock Analysis
When running Avax Techs' price analysis, check to measure Avax Techs' 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 Avax Techs is operating at the current time. Most of Avax Techs' value examination focuses on studying past and present price action to predict the probability of Avax Techs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avax Techs' price. Additionally, you may evaluate how the addition of Avax Techs to your portfolios can decrease your overall portfolio volatility.