| NHTC Stock | | | USD 4.62 0.10 2.21% |
Natural Health financial indicator trend analysis is infinitely more than just investigating Natural Health Trend recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natural Health Trend is a good investment. Please check the relationship between Natural Health Book Value Per Share and its Price To Sales Ratio accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natural Health Trend. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Book Value Per Share vs Price To Sales Ratio
Book Value Per Share vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Natural Health Trend Book Value Per Share account and
Price To Sales Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Natural Health's Book Value Per Share and Price To Sales Ratio is 0.65. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Natural Health Trend, assuming nothing else is changed. The correlation between historical values of Natural Health's Book Value Per Share 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 Book Value Per Share of Natural Health Trend 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 Book Value Per Share i.e., Natural Health's Book Value Per Share and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.65 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Natural Health Trend stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Natural Health sales, a figure that is much harder to manipulate than other Natural Health Trend 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 Natural Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natural Health Trend 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 Natural Health Trend. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
The current year's
Sales General And Administrative To Revenue is expected to grow to 0.61, whereas
Selling General Administrative is forecasted to decline to about 33.5
M.
Natural Health fundamental ratios Correlations
Click cells to compare fundamentals
Natural Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Natural Health fundamental ratios Accounts