Laser Price To Sales Ratio vs Days Of Inventory On Hand Analysis
| LASE Stock | 7.15 1.49 26.33% |
Laser Photonics financial indicator trend analysis is infinitely more than just investigating Laser Photonics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Laser Photonics is a good investment. Please check the relationship between Laser Photonics Price To Sales Ratio and its Days Of Inventory On Hand accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laser Photonics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Laser Stock refer to our How to Trade Laser Stock guide.
Price To Sales Ratio vs Days Of Inventory On Hand
Price To Sales Ratio vs Days Of Inventory On Hand Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laser Photonics Price To Sales Ratio account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Laser Photonics' Price To Sales Ratio and Days Of Inventory On Hand is 0.94. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of Laser Photonics, assuming nothing else is changed. The correlation between historical values of Laser Photonics' Price To Sales Ratio and Days Of Inventory On Hand 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 Laser Photonics are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Price To Sales Ratio i.e., Laser Photonics' Price To Sales Ratio and Days Of Inventory On Hand go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Laser Photonics stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Laser Photonics sales, a figure that is much harder to manipulate than other Laser Photonics 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.Days Of Inventory On Hand
Most indicators from Laser Photonics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Laser Photonics 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laser Photonics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Laser Stock refer to our How to Trade Laser Stock guide.As of December 26, 2024, Selling General Administrative is expected to decline to about 1.4 M. Tax Provision is expected to grow at the current pace this year
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.6M | 2.9M | 3.3M | 2.2M | Total Revenue | 4.2M | 5.0M | 5.7M | 3.7M |
Laser Photonics fundamental ratios Correlations
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Laser Photonics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Laser Photonics is a strong investment it is important to analyze Laser Photonics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Laser Photonics' future performance. For an informed investment choice regarding Laser Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laser Photonics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Laser Stock refer to our How to Trade Laser Stock guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Laser Photonics. If investors know Laser will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Laser Photonics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Earnings Share (0.38) | Revenue Per Share 0.389 | Quarterly Revenue Growth (0.35) | Return On Assets (0.25) |
The market value of Laser Photonics is measured differently than its book value, which is the value of Laser that is recorded on the company's balance sheet. Investors also form their own opinion of Laser Photonics' value that differs from its market value or its book value, called intrinsic value, which is Laser Photonics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Laser Photonics' market value can be influenced by many factors that don't directly affect Laser Photonics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Laser Photonics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Laser Photonics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Laser Photonics' 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.