CIG-C Stock | | | USD 2.48 0.04 1.59% |
Energy Of financial indicator trend analysis is much more than just examining Energy of Minas latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energy of Minas is a good investment. Please check the relationship between Energy Of Price To Sales Ratio and its Dividend Yield accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Energy of Minas. 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
Energy of Minas Price To Sales Ratio account and
Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Energy Of's Price To Sales Ratio and Dividend Yield is -0.31. 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 Energy of Minas, assuming nothing else is changed. The correlation between historical values of Energy Of'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 Energy of Minas 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., Energy Of's Price To Sales Ratio and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Energy of Minas stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Energy Of sales, a figure that is much harder to manipulate than other Energy of Minas 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 Energy of Minas dividend as a percentage of Energy Of stock price. Energy of Minas dividend yield is a measure of Energy Of stock productivity, which can be interpreted as interest rate earned on an Energy Of 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 Energy Of's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energy of Minas 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 Energy of Minas. 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 present, Energy Of's
Discontinued Operations is projected to increase significantly based on the last few years of reporting.
Energy Of fundamental ratios Correlations
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Energy Of Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Energy Of fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Energy Stock
Balance Sheet is a snapshot of the
financial position of Energy of Minas at a specified time, usually calculated after every quarter, six months, or one year. Energy Of Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Energy Of and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Energy currently owns. An asset can also be divided into two categories, current and non-current.