SQFT Stock | | | USD 0.70 0.09 14.75% |
Presidio Property financial indicator trend analysis is much more than just breaking down Presidio Property Trust prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Presidio Property Trust is a good investment. Please check the relationship between Presidio Property Inventory and its Common Stock Shares Outstanding accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Presidio Property Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Inventory vs Common Stock Shares Outstanding
Inventory vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Presidio Property Trust Inventory account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak relationship.
The correlation between Presidio Property's Inventory and Common Stock Shares Outstanding is 0.38. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Presidio Property Trust, assuming nothing else is changed. The correlation between historical values of Presidio Property's Inventory and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Presidio Property Trust are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Inventory i.e., Presidio Property's Inventory and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Inventory
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Presidio Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Presidio Property Trust 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Presidio Property Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, Presidio Property's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 24.42 in 2024, whereas
Selling General Administrative is likely to drop slightly above 6.5
M in 2024.
Presidio Property fundamental ratios Correlations
Click cells to compare fundamentals
Presidio Property Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Presidio Property fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Presidio Stock Analysis
When running Presidio Property's price analysis, check to
measure Presidio Property'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 Presidio Property is operating at the current time. Most of Presidio Property's value examination focuses on studying past and present price action to
predict the probability of Presidio Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Presidio Property's price. Additionally, you may evaluate how the addition of Presidio Property to your portfolios can decrease your overall portfolio volatility.