Index Book Value Per Share vs Ev To Sales Analysis
IXOG Stock | USD 0.0007 0.00 0.00% |
Index Oil financial indicator trend analysis is infinitely more than just investigating Index Oil recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Index Oil is a good investment. Please check the relationship between Index Oil Book Value Per Share 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 Index Oil and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Book Value Per Share vs Ev To Sales
Book Value Per Share vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Index Oil Book Value Per Share account and Ev To Sales. At this time, the significance of the direction appears to have pay attention.
The correlation between Index Oil's Book Value Per Share and Ev To Sales is -0.96. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Index Oil and, assuming nothing else is changed. The correlation between historical values of Index Oil's Book Value Per Share 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 Book Value Per Share of Index Oil and 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 Book Value Per Share i.e., Index Oil's Book Value Per Share and Ev To Sales go up and down completely randomly.
Correlation Coefficient | -0.96 |
Relationship Direction | Negative |
Relationship Strength | Significant |
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.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 Index Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Index Oil 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 Index Oil and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. The current Selling General Administrative is estimated to decrease to about 2.5 M. The current Sales General And Administrative To Revenue is estimated to decrease to 1.86
2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 157.3K | 2.3M | 2.7M | 2.8M | Total Revenue | 191.1K | 2.8M | 3.3M | 3.4M |
Index Oil fundamental ratios Correlations
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Index Oil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Index Oil is a strong investment it is important to analyze Index Oil's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Index Oil's future performance. For an informed investment choice regarding Index Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Index Oil and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Index Oil. If investors know Index will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Index Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Revenue Per Share 0.04 | Quarterly Revenue Growth (0.67) | Return On Assets (0.13) | Return On Equity (0.90) |
The market value of Index Oil is measured differently than its book value, which is the value of Index that is recorded on the company's balance sheet. Investors also form their own opinion of Index Oil's value that differs from its market value or its book value, called intrinsic value, which is Index Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Index Oil's market value can be influenced by many factors that don't directly affect Index Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Index Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Index Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Index Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.