| NHHH Stock | | | CAD 0.04 0.01 16.67% |
FuelPositive Corp financial indicator trend analysis is much more than just examining FuelPositive Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FuelPositive Corp is a good investment. Please check the relationship between FuelPositive Corp Price To Sales Ratio and its Book Value Per Share accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in FuelPositive Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Price To Sales Ratio vs Book Value Per Share
Price To Sales Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FuelPositive Corp Price To Sales Ratio account and
Book Value Per Share. At this time, the significance of the direction appears to have no relationship.
The correlation between FuelPositive Corp's Price To Sales Ratio and Book Value Per Share is 0.01. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of FuelPositive Corp, assuming nothing else is changed. The correlation between historical values of FuelPositive Corp's Price To Sales Ratio and Book Value Per Share 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 FuelPositive Corp are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Price To Sales Ratio i.e., FuelPositive Corp's Price To Sales Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.01 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing FuelPositive Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on FuelPositive Corp sales, a figure that is much harder to manipulate than other FuelPositive Corp 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.
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from FuelPositive Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FuelPositive Corp 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 FuelPositive Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
At this time, FuelPositive Corp's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 51
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 4.2
M in 2024.
FuelPositive Corp fundamental ratios Correlations
Click cells to compare fundamentals
FuelPositive Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FuelPositive Corp fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for FuelPositive Stock Analysis
When running FuelPositive Corp's price analysis, check to
measure FuelPositive Corp'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 FuelPositive Corp is operating at the current time. Most of FuelPositive Corp's value examination focuses on studying past and present price action to
predict the probability of FuelPositive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FuelPositive Corp's price. Additionally, you may evaluate how the addition of FuelPositive Corp to your portfolios can decrease your overall portfolio volatility.