BBAI Price To Sales Ratio vs Pb Ratio Analysis
BBAI-WT Stock | 1.45 0.08 5.84% |
BBAI WT financial indicator trend analysis is way more than just evaluating BBAI WT prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BBAI WT is a good investment. Please check the relationship between BBAI WT Price To Sales Ratio and its Pb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BBAI WT. 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 Pb Ratio
Price To Sales Ratio vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BBAI WT Price To Sales Ratio account and Pb Ratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BBAI WT's Price To Sales Ratio and Pb Ratio is 0.96. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of BBAI WT, assuming nothing else is changed. The correlation between historical values of BBAI WT's Price To Sales Ratio and Pb 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 Price To Sales Ratio of BBAI WT are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Price To Sales Ratio i.e., BBAI WT's Price To Sales Ratio and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing BBAI WT stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on BBAI WT sales, a figure that is much harder to manipulate than other BBAI WT 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.Pb Ratio
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When running BBAI WT's price analysis, check to measure BBAI WT'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 BBAI WT is operating at the current time. Most of BBAI WT's value examination focuses on studying past and present price action to predict the probability of BBAI WT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BBAI WT's price. Additionally, you may evaluate how the addition of BBAI WT to your portfolios can decrease your overall portfolio volatility.