Nascent Price To Sales Ratio vs Free Cash Flow Yield Analysis
| NCTW Stock | USD 0.0001 0.00 0.00% |
Nascent Wine financial indicator trend analysis is infinitely more than just investigating Nascent Wine recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nascent Wine is a good investment. Please check the relationship between Nascent Wine Price To Sales Ratio and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nascent Wine. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Nascent Stock please use our How to Invest in Nascent Wine guide.
Price To Sales Ratio vs Free Cash Flow Yield
Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nascent Wine Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have totally related.
The correlation between Nascent Wine's Price To Sales Ratio and Free Cash Flow Yield is 0.99. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Nascent Wine, assuming nothing else is changed. The correlation between historical values of Nascent Wine's Price To Sales Ratio and Free Cash Flow Yield 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 Nascent Wine are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Price To Sales Ratio i.e., Nascent Wine's Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Nascent Wine stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nascent Wine sales, a figure that is much harder to manipulate than other Nascent Wine 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.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Most indicators from Nascent Wine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nascent Wine 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 Nascent Wine. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Nascent Stock please use our How to Invest in Nascent Wine guide.Discontinued Operations is likely to drop to about (7.8 M) in 2024. Selling General Administrative is likely to drop to about 5.7 M in 2024
| 2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 300.0 | 4.3M | 4.9M | 3.3M | Total Revenue | 1.4K | 18.4M | 21.2M | 18.0M |
Nascent Wine fundamental ratios Correlations
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Nascent Wine Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Nascent Stock Analysis
When running Nascent Wine's price analysis, check to measure Nascent Wine'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 Nascent Wine is operating at the current time. Most of Nascent Wine's value examination focuses on studying past and present price action to predict the probability of Nascent Wine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nascent Wine's price. Additionally, you may evaluate how the addition of Nascent Wine to your portfolios can decrease your overall portfolio volatility.