OMEX Stock | | | USD 0.70 0.04 6.06% |
Odyssey Marine financial indicator trend analysis is much more than just breaking down Odyssey Marine Explo prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Odyssey Marine Explo is a good investment. Please check the relationship between Odyssey Marine Capex To Revenue and its Price To Sales Ratio accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Odyssey Marine Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Capex To Revenue vs Price To Sales Ratio
Capex To Revenue vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Odyssey Marine Explo Capex To Revenue account and
Price To Sales Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Odyssey Marine's Capex To Revenue and Price To Sales Ratio is 0.6. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Odyssey Marine Exploration, assuming nothing else is changed. The correlation between historical values of Odyssey Marine's Capex To Revenue 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 Revenue of Odyssey Marine Exploration 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 Revenue i.e., Odyssey Marine's Capex To Revenue and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Odyssey Marine Explo stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Odyssey Marine sales, a figure that is much harder to manipulate than other Odyssey Marine Exploration 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 Odyssey Marine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Odyssey Marine Explo 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Odyssey Marine Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, Odyssey Marine's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 67.22 in 2025, whereas
Issuance Of Capital Stock is likely to drop slightly above 261.4
K in 2025.
Odyssey Marine fundamental ratios Correlations
Click cells to compare fundamentals
Odyssey Marine Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Odyssey Marine fundamental ratios Accounts
Also Currently Popular
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.
Additional Tools for Odyssey Stock Analysis
When running Odyssey Marine's price analysis, check to
measure Odyssey Marine'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 Odyssey Marine is operating at the current time. Most of Odyssey Marine's value examination focuses on studying past and present price action to
predict the probability of Odyssey Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Odyssey Marine's price. Additionally, you may evaluate how the addition of Odyssey Marine to your portfolios can decrease your overall portfolio volatility.