Nascent Ptb Ratio vs Average Payables 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 Ptb Ratio and its Average Payables 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 tightly coupled 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.

Ptb Ratio vs Average Payables

Ptb Ratio vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nascent Wine Ptb Ratio account and Average Payables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Nascent Wine's Ptb Ratio and Average Payables is 0.1. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Average Payables 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 Ptb Ratio and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Nascent Wine are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Ptb Ratio i.e., Nascent Wine's Ptb Ratio and Average Payables go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

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.
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 tightly coupled 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 Profit300.04.3M4.9M3.3M
Total Revenue1.4K18.4M21.2M18.0M

Nascent Wine fundamental ratios Correlations

-0.95-0.96-0.950.720.890.970.930.9-0.23-0.050.93-0.230.750.840.88-0.99-0.16-0.58-0.580.9-0.23
-0.951.01.0-0.54-0.75-0.87-0.96-0.77-0.070.14-0.76-0.07-0.55-0.67-0.930.990.250.720.72-0.91-0.07
-0.961.01.0-0.61-0.81-0.9-0.94-0.820.010.06-0.80.01-0.62-0.68-0.90.990.170.650.65-0.890.01
-0.951.01.0-0.54-0.75-0.86-0.96-0.77-0.070.14-0.76-0.07-0.55-0.67-0.930.990.250.720.72-0.91-0.07
0.72-0.54-0.61-0.540.960.870.420.95-0.770.590.88-0.771.00.560.3-0.660.520.150.150.36-0.77
0.89-0.75-0.81-0.750.960.980.661.0-0.60.360.96-0.60.960.720.57-0.850.27-0.15-0.150.62-0.6
0.97-0.87-0.9-0.860.870.980.810.98-0.440.180.97-0.440.890.790.73-0.940.08-0.35-0.350.77-0.44
0.93-0.96-0.94-0.960.420.660.810.680.1-0.390.760.10.450.80.99-0.94-0.49-0.84-0.840.990.1
0.9-0.77-0.82-0.770.951.00.980.68-0.580.340.97-0.580.960.730.58-0.860.25-0.17-0.170.63-0.58
-0.23-0.070.01-0.07-0.77-0.6-0.440.1-0.58-0.6-0.571.0-0.78-0.380.210.1-0.59-0.57-0.570.11.0
-0.050.140.060.140.590.360.18-0.390.34-0.60.13-0.60.53-0.32-0.490.060.990.780.78-0.48-0.6
0.93-0.76-0.8-0.760.880.960.970.760.97-0.570.13-0.570.910.880.67-0.860.04-0.29-0.290.74-0.57
-0.23-0.070.01-0.07-0.77-0.6-0.440.1-0.581.0-0.6-0.57-0.78-0.380.210.1-0.59-0.57-0.570.11.0
0.75-0.55-0.62-0.551.00.960.890.450.96-0.780.530.91-0.780.630.34-0.680.450.110.110.41-0.78
0.84-0.67-0.68-0.670.560.720.790.80.73-0.38-0.320.88-0.380.630.77-0.75-0.39-0.53-0.530.84-0.38
0.88-0.93-0.9-0.930.30.570.730.990.580.21-0.490.670.210.340.77-0.9-0.59-0.9-0.90.990.21
-0.990.990.990.99-0.66-0.85-0.94-0.94-0.860.10.06-0.860.1-0.68-0.75-0.90.170.630.63-0.90.1
-0.160.250.170.250.520.270.08-0.490.25-0.590.990.04-0.590.45-0.39-0.590.170.840.84-0.57-0.59
-0.580.720.650.720.15-0.15-0.35-0.84-0.17-0.570.78-0.29-0.570.11-0.53-0.90.630.841.0-0.86-0.57
-0.580.720.650.720.15-0.15-0.35-0.84-0.17-0.570.78-0.29-0.570.11-0.53-0.90.630.841.0-0.86-0.57
0.9-0.91-0.89-0.910.360.620.770.990.630.1-0.480.740.10.410.840.99-0.9-0.57-0.86-0.860.1
-0.23-0.070.01-0.07-0.77-0.6-0.440.1-0.581.0-0.6-0.571.0-0.78-0.380.210.1-0.59-0.57-0.570.1
Click cells to compare fundamentals

Nascent Wine Account Relationship Matchups

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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.
When determining whether Nascent Wine is a strong investment it is important to analyze Nascent Wine'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 Nascent Wine's future performance. For an informed investment choice regarding Nascent Stock, refer to the following important reports:
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 tightly coupled 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.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Is Nascent Wine's industry 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 Nascent Wine. If investors know Nascent 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 Nascent Wine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.175
Quarterly Revenue Growth
(0.69)
Return On Assets
(0.09)
Return On Equity
(1.63)
The market value of Nascent Wine is measured differently than its book value, which is the value of Nascent that is recorded on the company's balance sheet. Investors also form their own opinion of Nascent Wine's value that differs from its market value or its book value, called intrinsic value, which is Nascent Wine'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 Nascent Wine's market value can be influenced by many factors that don't directly affect Nascent Wine'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 Nascent Wine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nascent Wine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nascent Wine'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.