| NCI Stock | | | CAD 1.57 0.02 1.29% |
NTG Clarity financial indicator trend analysis is infinitely more than just investigating NTG Clarity Networks recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NTG Clarity Networks is a good investment. Please check the relationship between NTG Clarity Capex To Operating Cash Flow and its Price To Sales Ratio accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NTG Clarity Networks. 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.
Capex To Operating Cash Flow vs Price To Sales Ratio
Capex To Operating Cash Flow vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NTG Clarity Networks Capex To Operating Cash Flow account and
Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NTG Clarity's Capex To Operating Cash Flow and Price To Sales Ratio is -0.26. Overlapping area represents the amount of variation of Capex To Operating Cash Flow that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of NTG Clarity Networks, assuming nothing else is changed. The correlation between historical values of NTG Clarity's Capex To Operating Cash Flow and Price To Sales 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 Capex To Operating Cash Flow of NTG Clarity Networks are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Capex To Operating Cash Flow i.e., NTG Clarity's Capex To Operating Cash Flow and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.26 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Capex To Operating Cash Flow
Price To Sales Ratio
Price to Sales Ratio is figured by comparing NTG Clarity Networks stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on NTG Clarity sales, a figure that is much harder to manipulate than other NTG Clarity Networks 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.
Most indicators from NTG Clarity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NTG Clarity Networks 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 NTG Clarity Networks. 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.
Sales General And Administrative To Revenue is likely to climb to 0.18 in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.7
M in 2024.
NTG Clarity fundamental ratios Correlations
Click cells to compare fundamentals
NTG Clarity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NTG Clarity fundamental ratios Accounts
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Additional Tools for NTG Stock Analysis
When running NTG Clarity's price analysis, check to
measure NTG Clarity'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 NTG Clarity is operating at the current time. Most of NTG Clarity's value examination focuses on studying past and present price action to
predict the probability of NTG Clarity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NTG Clarity's price. Additionally, you may evaluate how the addition of NTG Clarity to your portfolios can decrease your overall portfolio volatility.