Grindr Days Of Inventory On Hand vs Ev To Sales Analysis
| GRND-WT Stock | 5.93 0.79 15.37% |
Grindr Warrant financial indicator trend analysis is much more than just examining Grindr Warrant latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grindr Warrant is a good investment. Please check the relationship between Grindr Warrant Days Of Inventory On Hand and its Ev To Sales accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grindr Warrant. 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.
Days Of Inventory On Hand vs Ev To Sales
Days Of Inventory On Hand vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grindr Warrant Days Of Inventory On Hand account and Ev To Sales. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Grindr Warrant's Days Of Inventory On Hand and Ev To Sales is -0.1. Overlapping area represents the amount of variation of Days Of Inventory On Hand that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Grindr Warrant, assuming nothing else is changed. The correlation between historical values of Grindr Warrant's Days Of Inventory On Hand and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Of Inventory On Hand of Grindr Warrant are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Days Of Inventory On Hand i.e., Grindr Warrant's Days Of Inventory On Hand and Ev To Sales go up and down completely randomly.
Correlation Coefficient | -0.1 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Days Of Inventory On Hand
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Thematic Opportunities
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When running Grindr Warrant's price analysis, check to measure Grindr Warrant'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 Grindr Warrant is operating at the current time. Most of Grindr Warrant's value examination focuses on studying past and present price action to predict the probability of Grindr Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grindr Warrant's price. Additionally, you may evaluate how the addition of Grindr Warrant to your portfolios can decrease your overall portfolio volatility.