Grindr Ev To Sales vs Roe 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 Ev To Sales and its Roe 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.

Ev To Sales vs Roe

Ev To Sales vs Roe Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grindr Warrant Ev To Sales account and Roe. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Grindr Warrant's Ev To Sales and Roe is -0.6. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Roe 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 Ev To Sales and Roe is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Grindr Warrant are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Ev To Sales i.e., Grindr Warrant's Ev To Sales and Roe go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Roe

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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.