NFT Price Sales Ratio from 2010 to 2024

MI Stock   8.94  0.74  9.02%   
NFT's Price Sales Ratio is decreasing with slightly volatile movements from year to year. Price Sales Ratio is predicted to flatten to 0.06. For the period between 2010 and 2024, NFT, Price Sales Ratio quarterly trend regression had mean deviation of  2.07 and range of 8.3022. View All Fundamentals
 
Price Sales Ratio  
First Reported
2010-12-31
Previous Quarter
0.05895181
Current Value
0.056
Quarterly Volatility
2.64251327
 
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Yuan Drop
 
Covid
Check NFT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NFT's main balance sheet or income statement drivers, such as Tax Provision of 93.3 K, Net Interest Income of 1.1 M or Interest Expense of 672, as well as many indicators such as Price To Sales Ratio of 0.056, Dividend Yield of 0.0 or PTB Ratio of 0.002. NFT financial statements analysis is a perfect complement when working with NFT Valuation or Volatility modules.
  
Check out the analysis of NFT Correlation against competitors.

Latest NFT's Price Sales Ratio Growth Pattern

Below is the plot of the Price Sales Ratio of NFT Limited over the last few years. It is NFT's Price Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NFT's overall financial position and show how it may be relating to other accounts over time.
Price Sales Ratio10 Years Trend
Slightly volatile
   Price Sales Ratio   
       Timeline  

NFT Price Sales Ratio Regression Statistics

Arithmetic Mean3.42
Geometric Mean1.63
Coefficient Of Variation77.26
Mean Deviation2.07
Median4.22
Standard Deviation2.64
Sample Variance6.98
Range8.3022
R-Value(0.33)
Mean Square Error6.71
R-Squared0.11
Significance0.23
Slope(0.19)
Total Sum of Squares97.76

NFT Price Sales Ratio History

2024 0.056
2023 0.059
2022 0.0801
2020 8.36
2019 1.77
2018 0.9
2017 2.15

About NFT Financial Statements

Investors use fundamental indicators, such as NFT's Price Sales Ratio, to determine how well the company is positioned to perform in the future. Although NFT's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Price Sales Ratio 0.06  0.06 

Currently Active Assets on Macroaxis

Check out the analysis of NFT Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is IT Consulting & Other Services 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 NFT. If investors know NFT 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 NFT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Earnings Share
(127.66)
Revenue Per Share
0.312
Quarterly Revenue Growth
(0.66)
Return On Assets
(0.01)
The market value of NFT Limited is measured differently than its book value, which is the value of NFT that is recorded on the company's balance sheet. Investors also form their own opinion of NFT's value that differs from its market value or its book value, called intrinsic value, which is NFT'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 NFT's market value can be influenced by many factors that don't directly affect NFT'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 NFT's value and its price as these two are different measures arrived at by different means. Investors typically determine if NFT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NFT'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.