| NBVA Stock | | | CAD 0.20 0.01 4.76% |
Nubeva Technologies financial indicator trend analysis is infinitely more than just investigating Nubeva Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nubeva Technologies is a good investment. Please check the relationship between Nubeva Technologies Ev To Free Cash Flow and its Price To Sales Ratio accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nubeva Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Ev To Free Cash Flow vs Price To Sales Ratio
Ev To Free Cash Flow vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nubeva Technologies Ev To Free Cash Flow account and
Price To Sales Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nubeva Technologies' Ev To Free Cash Flow and Price To Sales Ratio is 0.42. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Nubeva Technologies, assuming nothing else is changed. The correlation between historical values of Nubeva Technologies' Ev To Free Cash Flow and Price To Sales 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 Ev To Free Cash Flow of Nubeva Technologies are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Ev To Free Cash Flow i.e., Nubeva Technologies' Ev To Free Cash Flow and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.42 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Nubeva Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nubeva Technologies sales, a figure that is much harder to manipulate than other Nubeva Technologies 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.
Most indicators from Nubeva Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nubeva Technologies 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nubeva Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
At this time, Nubeva Technologies'
Discontinued Operations is fairly stable compared to the past year.
Selling General Administrative is likely to climb to about 2.1
M in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Nubeva Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Nubeva Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nubeva Technologies fundamental ratios Accounts
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Additional Tools for Nubeva Stock Analysis
When running Nubeva Technologies' price analysis, check to
measure Nubeva Technologies' 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 Nubeva Technologies is operating at the current time. Most of Nubeva Technologies' value examination focuses on studying past and present price action to
predict the probability of Nubeva Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nubeva Technologies' price. Additionally, you may evaluate how the addition of Nubeva Technologies to your portfolios can decrease your overall portfolio volatility.