YNV Stock | | | CAD 0.13 0.01 7.14% |
Ynvisible Interactive financial indicator trend analysis is more than just analyzing Ynvisible Interactive current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ynvisible Interactive is a good investment. Please check the relationship between Ynvisible Interactive Average Payables and its Price To Sales Ratio accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ynvisible Interactive. 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.
Average Payables vs Price To Sales Ratio
Average Payables vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ynvisible Interactive Average Payables account and
Price To Sales Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ynvisible Interactive's Average Payables and Price To Sales Ratio is 0.37. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Ynvisible Interactive, assuming nothing else is changed. The correlation between historical values of Ynvisible Interactive's Average Payables 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 Average Payables of Ynvisible Interactive 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 Average Payables i.e., Ynvisible Interactive's Average Payables and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Ynvisible Interactive stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ynvisible Interactive sales, a figure that is much harder to manipulate than other Ynvisible Interactive 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 Ynvisible Interactive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ynvisible Interactive 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ynvisible Interactive. 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, Ynvisible Interactive's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 4.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.7
M in 2024.
Ynvisible Interactive fundamental ratios Correlations
Click cells to compare fundamentals
Ynvisible Interactive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ynvisible Interactive fundamental ratios Accounts
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Additional Tools for Ynvisible Stock Analysis
When running Ynvisible Interactive's price analysis, check to
measure Ynvisible Interactive'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 Ynvisible Interactive is operating at the current time. Most of Ynvisible Interactive's value examination focuses on studying past and present price action to
predict the probability of Ynvisible Interactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ynvisible Interactive's price. Additionally, you may evaluate how the addition of Ynvisible Interactive to your portfolios can decrease your overall portfolio volatility.