CXI Stock | | | CAD 21.97 0.22 1.01% |
Currency Exchange financial indicator trend analysis is way more than just evaluating Currency Exchange prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Currency Exchange is a good investment. Please check the relationship between Currency Exchange 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 Currency Exchange International. 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
Currency Exchange 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 Currency Exchange's Price To Sales Ratio and Pb Ratio is 0.9. 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 Currency Exchange International, assuming nothing else is changed. The correlation between historical values of Currency Exchange'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 Currency Exchange International 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., Currency Exchange's Price To Sales Ratio and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Currency Exchange stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Currency Exchange sales, a figure that is much harder to manipulate than other Currency Exchange International 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
Most indicators from Currency Exchange's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Currency Exchange 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 Currency Exchange International. 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.
As of the 1st of March 2025,
Selling General Administrative is likely to grow to about 26.3
M. Also,
Tax Provision is likely to grow to about 7.5
MCurrency Exchange fundamental ratios Correlations
Click cells to compare fundamentals
Currency Exchange Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currency Exchange fundamental ratios Accounts
Other Information on Investing in Currency Stock
Balance Sheet is a snapshot of the
financial position of Currency Exchange at a specified time, usually calculated after every quarter, six months, or one year. Currency Exchange Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Currency Exchange and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Currency currently owns. An asset can also be divided into two categories, current and non-current.