Source Price To Sales Ratio vs Dividend Yield Analysis
SRR Stock | 0.88 0.01 1.15% |
Source Rock financial indicator trend analysis is much more than just breaking down Source Rock Royalties prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Source Rock Royalties is a good investment. Please check the relationship between Source Rock Price To Sales Ratio and its Dividend Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Source Rock Royalties. 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.
Price To Sales Ratio vs Dividend Yield
Price To Sales Ratio vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Source Rock Royalties Price To Sales Ratio account and Dividend Yield. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Source Rock's Price To Sales Ratio and Dividend Yield is -0.66. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Source Rock Royalties, assuming nothing else is changed. The correlation between historical values of Source Rock's Price To Sales Ratio and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Source Rock Royalties are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Price To Sales Ratio i.e., Source Rock's Price To Sales Ratio and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Source Rock Royalties stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Source Rock sales, a figure that is much harder to manipulate than other Source Rock Royalties 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.Dividend Yield
Dividend Yield is Source Rock Royalties dividend as a percentage of Source Rock stock price. Source Rock Royalties dividend yield is a measure of Source Rock stock productivity, which can be interpreted as interest rate earned on an Source Rock investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most indicators from Source Rock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Source Rock Royalties 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 Source Rock Royalties. 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. At this time, Source Rock's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.23 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 956.0 | 286.6K | 431.4K | 452.9K | Net Interest Income | 956.0 | 286.6K | 431.4K | 452.9K |
Source Rock fundamental ratios Correlations
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Source Rock Account Relationship Matchups
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Additional Tools for Source Stock Analysis
When running Source Rock's price analysis, check to measure Source Rock'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 Source Rock is operating at the current time. Most of Source Rock's value examination focuses on studying past and present price action to predict the probability of Source Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Source Rock's price. Additionally, you may evaluate how the addition of Source Rock to your portfolios can decrease your overall portfolio volatility.