| EBM Stock | | | CAD 0.70 0.05 6.67% |
Eastwood Bio financial indicator trend analysis is much more than just examining Eastwood Bio Medical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastwood Bio Medical is a good investment. Please check the relationship between Eastwood Bio Reconciled Depreciation and its Selling And Marketing Expenses accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastwood Bio Medical Canada. 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.
Reconciled Depreciation vs Selling And Marketing Expenses
Reconciled Depreciation vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eastwood Bio Medical Reconciled Depreciation account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Eastwood Bio's Reconciled Depreciation and Selling And Marketing Expenses is -0.6. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Eastwood Bio Medical Canada, assuming nothing else is changed. The correlation between historical values of Eastwood Bio's Reconciled Depreciation and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Eastwood Bio Medical Canada are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Reconciled Depreciation i.e., Eastwood Bio's Reconciled Depreciation and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | -0.6 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Reconciled Depreciation
Selling And Marketing Expenses
Most indicators from Eastwood Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastwood Bio Medical 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastwood Bio Medical Canada. 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, Eastwood Bio's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 85.3
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.75 in 2024.
Eastwood Bio fundamental ratios Correlations
Click cells to compare fundamentals
Eastwood Bio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eastwood Bio fundamental ratios Accounts
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measure Eastwood Bio'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 Eastwood Bio is operating at the current time. Most of Eastwood Bio's value examination focuses on studying past and present price action to
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