| FL Stock | | | CAD 0.48 0.02 4.00% |
Frontier Lithium financial indicator trend analysis is much more than just examining Frontier Lithium latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Frontier Lithium is a good investment. Please check the relationship between Frontier Lithium Price To Sales Ratio and its Roe accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontier Lithium. 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 Roe
Price To Sales Ratio vs Roe Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Frontier Lithium Price To Sales Ratio account and
Roe. At this time, the significance of the direction appears to have very week relationship.
The correlation between Frontier Lithium's Price To Sales Ratio and Roe is 0.27. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Roe in the same time period over historical financial statements of Frontier Lithium, assuming nothing else is changed. The correlation between historical values of Frontier Lithium's Price To Sales Ratio and Roe 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 Frontier Lithium are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Price To Sales Ratio i.e., Frontier Lithium's Price To Sales Ratio and Roe go up and down completely randomly.
Correlation Coefficient | 0.27 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Frontier Lithium stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Frontier Lithium sales, a figure that is much harder to manipulate than other Frontier Lithium 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.
Roe
Most indicators from Frontier Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Frontier Lithium 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 Frontier Lithium. 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, Frontier Lithium's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is expected to grow at the current pace this year, whereas
Enterprise Value Over EBITDA is likely to drop
(9.47) in 2024.
Frontier Lithium fundamental ratios Correlations
Click cells to compare fundamentals
Frontier Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Frontier Lithium fundamental ratios Accounts
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Additional Tools for Frontier Stock Analysis
When running Frontier Lithium's price analysis, check to
measure Frontier Lithium'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 Frontier Lithium is operating at the current time. Most of Frontier Lithium's value examination focuses on studying past and present price action to
predict the probability of Frontier Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Frontier Lithium's price. Additionally, you may evaluate how the addition of Frontier Lithium to your portfolios can decrease your overall portfolio volatility.