Ackroo financial indicator trend analysis is way more than just evaluating Ackroo Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ackroo Inc is a good investment. Please check the relationship between Ackroo Price To Sales Ratio and its Income Quality accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ackroo Inc. 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 Income Quality
Price To Sales Ratio vs Income Quality Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ackroo Inc Price To Sales Ratio account and Income Quality. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ackroo's Price To Sales Ratio and Income Quality is 0.27. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Income Quality in the same time period over historical financial statements of Ackroo Inc, assuming nothing else is changed. The correlation between historical values of Ackroo's Price To Sales Ratio and Income Quality 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 Ackroo Inc are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Price To Sales Ratio i.e., Ackroo's Price To Sales Ratio and Income Quality go up and down completely randomly.
Price to Sales Ratio is figured by comparing Ackroo Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ackroo sales, a figure that is much harder to manipulate than other Ackroo Inc 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.
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
Most indicators from Ackroo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ackroo Inc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ackroo Inc. 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.
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When running Ackroo's price analysis, check to measure Ackroo'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 Ackroo is operating at the current time. Most of Ackroo's value examination focuses on studying past and present price action to predict the probability of Ackroo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ackroo's price. Additionally, you may evaluate how the addition of Ackroo to your portfolios can decrease your overall portfolio volatility.