HighPeak Roe vs Ev To Sales Analysis
HPKEW Stock | USD 3.99 0.21 5.00% |
HighPeak Energy financial indicator trend analysis is much more than just examining HighPeak Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HighPeak Energy is a good investment. Please check the relationship between HighPeak Energy Roe and its Ev To Sales accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HighPeak Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy HighPeak Stock please use our How to Invest in HighPeak Energy guide.
Roe vs Ev To Sales
Roe vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HighPeak Energy Roe account and Ev To Sales. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between HighPeak Energy's Roe and Ev To Sales is -0.69. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of HighPeak Energy, assuming nothing else is changed. The correlation between historical values of HighPeak Energy's Roe and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of HighPeak Energy are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Roe i.e., HighPeak Energy's Roe and Ev To Sales go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Roe
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Most indicators from HighPeak Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HighPeak Energy 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HighPeak Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy HighPeak Stock please use our How to Invest in HighPeak Energy guide.At this time, HighPeak Energy's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 163.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 220.1M | 755.7M | 1.1B | 1.2B | Depreciation And Amortization | 65.4M | 178.1M | 424.4M | 445.6M |
HighPeak Energy fundamental ratios Correlations
Click cells to compare fundamentals
HighPeak Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
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.Additional Tools for HighPeak Stock Analysis
When running HighPeak Energy's price analysis, check to measure HighPeak Energy'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 HighPeak Energy is operating at the current time. Most of HighPeak Energy's value examination focuses on studying past and present price action to predict the probability of HighPeak Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HighPeak Energy's price. Additionally, you may evaluate how the addition of HighPeak Energy to your portfolios can decrease your overall portfolio volatility.