PhenixFIN Payout Ratio vs Price To Sales Ratio 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 Payout Ratio 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 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.
Payout Ratio vs Price To Sales Ratio
Payout Ratio vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PhenixFIN 525 Payout Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between PhenixFIN 525's Payout Ratio and Price To Sales Ratio is -0.32. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Price To Sales Ratio 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 Payout Ratio 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 Payout Ratio of PhenixFIN 525 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 Payout Ratio i.e., PhenixFIN 525's Payout Ratio and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.32 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Payout Ratio
Payout Ratio is the proportion of PhenixFIN 525 earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of PhenixFIN 525 dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating PhenixFIN 525 is paying out more in dividends than it makes in net income.Price To Sales Ratio
Price to Sales Ratio is figured by comparing PhenixFIN 525 stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on PhenixFIN 525 sales, a figure that is much harder to manipulate than other PhenixFIN 525 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.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.