PhenixFIN Interest Coverage vs Ev To Sales Analysis
PFXNZ Stock | USD 22.82 0.03 0.13% |
PhenixFIN 525 financial indicator trend analysis is much more than just breaking down PhenixFIN 525 prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PhenixFIN 525 is a good investment. Please check the relationship between PhenixFIN 525 Interest Coverage and its Ev To Sales accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PhenixFIN 525. 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. For more information on how to buy PhenixFIN Stock please use our How to Invest in PhenixFIN 525 guide.
Interest Coverage vs Ev To Sales
Interest Coverage vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PhenixFIN 525 Interest Coverage account and Ev To Sales. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between PhenixFIN 525's Interest Coverage and Ev To Sales is -0.68. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of PhenixFIN 525, assuming nothing else is changed. The correlation between historical values of PhenixFIN 525's Interest Coverage and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of PhenixFIN 525 are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Interest Coverage i.e., PhenixFIN 525's Interest Coverage and Ev To Sales go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Interest Coverage
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.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 PhenixFIN Stock Analysis
When running PhenixFIN 525's price analysis, check to measure PhenixFIN 525'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 PhenixFIN 525 is operating at the current time. Most of PhenixFIN 525's value examination focuses on studying past and present price action to predict the probability of PhenixFIN 525's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PhenixFIN 525's price. Additionally, you may evaluate how the addition of PhenixFIN 525 to your portfolios can decrease your overall portfolio volatility.