| CTZ Stock | | | CAD 1.10 0.04 3.51% |
NamSys financial indicator trend analysis is infinitely more than just investigating NamSys Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NamSys Inc is a good investment. Please check the relationship between NamSys Book Value Per Share and its Pb Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in NamSys 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.
Book Value Per Share vs Pb Ratio
Book Value Per Share vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NamSys Inc Book Value Per Share account and
Pb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NamSys' Book Value Per Share and Pb Ratio is -0.13. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of NamSys Inc, assuming nothing else is changed. The correlation between historical values of NamSys' Book Value Per Share and Pb 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 Book Value Per Share of NamSys Inc are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Book Value Per Share i.e., NamSys' Book Value Per Share and Pb Ratio go up and down completely randomly.
Correlation Coefficient | -0.13 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Pb Ratio
Most indicators from NamSys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NamSys 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 NamSys 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.
At this time, NamSys'
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.32 in 2024, whereas
Selling General Administrative is likely to drop slightly above 832.3
K in 2024.
NamSys fundamental ratios Correlations
Click cells to compare fundamentals
NamSys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NamSys 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 NamSys Stock Analysis
When running NamSys' price analysis, check to
measure NamSys' 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 NamSys is operating at the current time. Most of NamSys' value examination focuses on studying past and present price action to
predict the probability of NamSys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NamSys' price. Additionally, you may evaluate how the addition of NamSys to your portfolios can decrease your overall portfolio volatility.