Ellington Price To Sales Ratio vs Ptb Ratio Analysis

EFC-PE Stock   25.56  0.00  0.00%   
Ellington Financial financial indicator trend analysis is much more than just examining Ellington Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ellington Financial is a good investment. Please check the relationship between Ellington Financial Price To Sales Ratio and its Ptb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios. 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 Ptb Ratio

Price To Sales Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellington Financial Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ellington Financial's Price To Sales Ratio and Ptb Ratio is 0.13. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Ellington Financial, assuming nothing else is changed. The correlation between historical values of Ellington Financial's Price To Sales Ratio and Ptb 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 Ellington Financial are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., Ellington Financial's Price To Sales Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Ellington Financial stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ellington Financial sales, a figure that is much harder to manipulate than other Ellington Financial 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.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Ellington Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ellington Financial 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 Investing Opportunities to better understand how to build diversified portfolios. 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 present, Ellington Financial's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Income175.5M282.2M370.2M275.4M
Net Interest Income131.5M140.4M107.7M98.3M

Ellington Financial fundamental ratios Correlations

-0.94-0.27-0.290.290.330.920.9-0.55-0.59-0.60.90.66-0.59-0.68-0.72-0.53-0.430.75-0.6-0.72-0.95-0.6-0.6-0.61-0.68
-0.940.40.16-0.16-0.2-0.98-0.910.730.780.8-0.93-0.80.780.880.90.70.58-0.880.810.90.990.80.80.810.87
-0.270.4-0.830.840.8-0.48-0.10.80.80.79-0.04-0.870.80.310.680.860.97-0.770.790.610.260.790.80.780.53
-0.290.16-0.83-1.0-0.99-0.07-0.45-0.46-0.41-0.4-0.50.46-0.410.15-0.22-0.52-0.70.31-0.4-0.150.31-0.4-0.41-0.38-0.1
0.29-0.160.84-1.01.00.070.460.480.40.410.49-0.470.4-0.130.230.550.71-0.320.40.17-0.310.410.420.390.12
0.33-0.20.8-0.991.00.130.510.470.350.370.52-0.430.35-0.150.20.530.68-0.270.370.15-0.350.370.380.350.11
0.92-0.98-0.48-0.070.070.130.92-0.7-0.84-0.820.860.83-0.84-0.82-0.89-0.69-0.630.91-0.82-0.85-0.96-0.82-0.82-0.83-0.8
0.9-0.91-0.1-0.450.460.510.92-0.4-0.61-0.570.940.54-0.61-0.77-0.69-0.37-0.280.68-0.57-0.67-0.96-0.57-0.57-0.58-0.64
-0.550.730.8-0.460.480.47-0.7-0.40.850.94-0.5-0.940.850.740.931.00.92-0.90.940.940.610.940.940.940.92
-0.590.780.8-0.410.40.35-0.84-0.610.850.98-0.54-0.951.00.760.940.870.89-0.970.980.870.70.980.980.970.82
-0.60.80.79-0.40.410.37-0.82-0.570.940.98-0.57-0.970.980.820.980.950.91-0.971.00.940.711.01.01.00.91
0.9-0.93-0.04-0.50.490.520.860.94-0.5-0.54-0.570.53-0.54-0.86-0.72-0.44-0.260.66-0.58-0.75-0.97-0.58-0.57-0.59-0.76
0.66-0.8-0.870.46-0.47-0.430.830.54-0.94-0.95-0.970.53-0.95-0.71-0.95-0.96-0.960.98-0.97-0.9-0.69-0.97-0.97-0.96-0.85
-0.590.780.8-0.410.40.35-0.84-0.610.851.00.98-0.54-0.950.760.940.870.89-0.970.980.870.70.980.980.970.82
-0.680.880.310.15-0.13-0.15-0.82-0.770.740.760.82-0.86-0.710.760.90.70.53-0.790.820.920.860.820.820.830.95
-0.720.90.68-0.220.230.2-0.89-0.690.930.940.98-0.72-0.950.940.90.920.84-0.970.980.980.830.980.980.980.96
-0.530.70.86-0.520.550.53-0.69-0.371.00.870.95-0.44-0.960.870.70.920.95-0.910.950.910.580.940.950.940.88
-0.430.580.97-0.70.710.68-0.63-0.280.920.890.91-0.26-0.960.890.530.840.95-0.890.910.780.450.910.920.90.73
0.75-0.88-0.770.31-0.32-0.270.910.68-0.9-0.97-0.970.660.98-0.97-0.79-0.97-0.91-0.89-0.97-0.93-0.8-0.97-0.97-0.97-0.88
-0.60.810.79-0.40.40.37-0.82-0.570.940.981.0-0.58-0.970.980.820.980.950.91-0.970.940.711.01.01.00.91
-0.720.90.61-0.150.170.15-0.85-0.670.940.870.94-0.75-0.90.870.920.980.910.78-0.930.940.830.940.940.950.99
-0.950.990.260.31-0.31-0.35-0.96-0.960.610.70.71-0.97-0.690.70.860.830.580.45-0.80.710.830.710.710.720.8
-0.60.80.79-0.40.410.37-0.82-0.570.940.981.0-0.58-0.970.980.820.980.940.91-0.971.00.940.711.01.00.91
-0.60.80.8-0.410.420.38-0.82-0.570.940.981.0-0.57-0.970.980.820.980.950.92-0.971.00.940.711.01.00.91
-0.610.810.78-0.380.390.35-0.83-0.580.940.971.0-0.59-0.960.970.830.980.940.9-0.971.00.950.721.01.00.92
-0.680.870.53-0.10.120.11-0.8-0.640.920.820.91-0.76-0.850.820.950.960.880.73-0.880.910.990.80.910.910.92
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Ellington Financial Account Relationship Matchups

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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 Ellington Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ellington Financial'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 Ellington Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ellington Financial Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios. 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.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Please note, there is a significant difference between Ellington Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellington Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellington Financial'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.