| YFI Stock | | | CAD 0.04 0.01 12.50% |
Edgewater Wireless financial indicator trend analysis is much more than just examining Edgewater Wireless latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Edgewater Wireless is a good investment. Please check the relationship between Edgewater Wireless Ptb Ratio and its Price To Sales Ratio accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Edgewater Wireless Systems. 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.
Ptb Ratio vs Price To Sales Ratio
Ptb 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
Edgewater Wireless Ptb Ratio account and
Price To Sales Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Edgewater Wireless' Ptb Ratio and Price To Sales Ratio is 0.09. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Edgewater Wireless Systems, assuming nothing else is changed. The correlation between historical values of Edgewater Wireless' Ptb 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 Ptb Ratio of Edgewater Wireless Systems 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 Ptb Ratio i.e., Edgewater Wireless' Ptb Ratio and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.09 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Edgewater Wireless stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Edgewater Wireless sales, a figure that is much harder to manipulate than other Edgewater Wireless Systems 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.
Most indicators from Edgewater Wireless' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Edgewater Wireless 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Edgewater Wireless Systems. 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, Edgewater Wireless'
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 726.9
K in 2024, despite the fact that
Enterprise Value Multiple is likely to grow to
(5.48).
Edgewater Wireless fundamental ratios Correlations
Click cells to compare fundamentals
Edgewater Wireless Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Edgewater Wireless 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 Edgewater Stock Analysis
When running Edgewater Wireless' price analysis, check to
measure Edgewater Wireless' 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 Edgewater Wireless is operating at the current time. Most of Edgewater Wireless' value examination focuses on studying past and present price action to
predict the probability of Edgewater Wireless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edgewater Wireless' price. Additionally, you may evaluate how the addition of Edgewater Wireless to your portfolios can decrease your overall portfolio volatility.