PYC Stock | | | 1.40 0.05 3.45% |
PYC Therapeutics financial indicator trend analysis is much more than just breaking down PYC Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PYC Therapeutics is a good investment. Please check the relationship between PYC Therapeutics Net Income and its Ebit accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PYC Therapeutics. 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.
Net Income vs Ebit
Net Income vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PYC Therapeutics Net Income account and
Ebit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between PYC Therapeutics' Net Income and Ebit is 0.94. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Ebit in the same time period over historical financial statements of PYC Therapeutics, assuming nothing else is changed. The correlation between historical values of PYC Therapeutics' Net Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of PYC Therapeutics are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income i.e., PYC Therapeutics' Net Income and Ebit go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in PYC Therapeutics financial statement analysis. It represents the amount of money remaining after all of PYC Therapeutics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Ebit
Most indicators from PYC Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PYC Therapeutics 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 PYC Therapeutics. 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.
Issuance Of Capital Stock is likely to gain to about 96.7
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.6
M in 2024.
PYC Therapeutics fundamental ratios Correlations
Click cells to compare fundamentals
PYC Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PYC Therapeutics fundamental ratios Accounts
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Additional Tools for PYC Stock Analysis
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measure PYC Therapeutics' 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 PYC Therapeutics is operating at the current time. Most of PYC Therapeutics' value examination focuses on studying past and present price action to
predict the probability of PYC Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PYC Therapeutics' price. Additionally, you may evaluate how the addition of PYC Therapeutics to your portfolios can decrease your overall portfolio volatility.