YNV Stock | | | CAD 0.14 0.02 16.67% |
Ynvisible Interactive financial indicator trend analysis is more than just analyzing Ynvisible Interactive current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ynvisible Interactive is a good investment. Please check the relationship between Ynvisible Interactive Ptb Ratio and its Pfcf Ratio accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ynvisible Interactive. 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 Pfcf Ratio
Ptb Ratio vs Pfcf Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ynvisible Interactive Ptb Ratio account and
Pfcf Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ynvisible Interactive's Ptb Ratio and Pfcf Ratio is -0.22. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Ynvisible Interactive, assuming nothing else is changed. The correlation between historical values of Ynvisible Interactive's Ptb Ratio and Pfcf 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 Ynvisible Interactive are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Ptb Ratio i.e., Ynvisible Interactive's Ptb Ratio and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
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.
Pfcf Ratio
Most indicators from Ynvisible Interactive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ynvisible Interactive 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 Ynvisible Interactive. 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, Ynvisible Interactive's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 4.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.7
M in 2024.
Ynvisible Interactive fundamental ratios Correlations
Click cells to compare fundamentals
Ynvisible Interactive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ynvisible Interactive fundamental ratios Accounts
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Additional Tools for Ynvisible Stock Analysis
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measure Ynvisible Interactive'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 Ynvisible Interactive is operating at the current time. Most of Ynvisible Interactive's value examination focuses on studying past and present price action to
predict the probability of Ynvisible Interactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ynvisible Interactive's price. Additionally, you may evaluate how the addition of Ynvisible Interactive to your portfolios can decrease your overall portfolio volatility.