VPT Stock | | | CAD 0.14 0.01 6.67% |
VentriPoint Diagnostics financial indicator trend analysis is much more than just breaking down VentriPoint Diagnostics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VentriPoint Diagnostics is a good investment. Please check the relationship between VentriPoint Diagnostics Invested Capital and its Book Value Per Share accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in VentriPoint Diagnostics. 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.
Invested Capital vs Book Value Per Share
Invested Capital vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
VentriPoint Diagnostics Invested Capital account and
Book Value Per Share. At this time, the significance of the direction appears to have very week relationship.
The correlation between VentriPoint Diagnostics' Invested Capital and Book Value Per Share is 0.2. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of VentriPoint Diagnostics, assuming nothing else is changed. The correlation between historical values of VentriPoint Diagnostics' Invested Capital and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of VentriPoint Diagnostics are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Invested Capital i.e., VentriPoint Diagnostics' Invested Capital and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to VentriPoint Diagnostics. There are two different methods for calculating VentriPoint Diagnostics invested capital: operating approach and financing approach. Understanding VentriPoint Diagnostics invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from VentriPoint Diagnostics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VentriPoint Diagnostics 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
World Market Map to better understand how to build diversified portfolios, which includes a position in VentriPoint Diagnostics. 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, VentriPoint Diagnostics'
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 47.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.7
M in 2024.
VentriPoint Diagnostics fundamental ratios Correlations
Click cells to compare fundamentals
VentriPoint Diagnostics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VentriPoint Diagnostics fundamental ratios Accounts
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Additional Tools for VentriPoint Stock Analysis
When running VentriPoint Diagnostics' price analysis, check to
measure VentriPoint Diagnostics' 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 VentriPoint Diagnostics is operating at the current time. Most of VentriPoint Diagnostics' value examination focuses on studying past and present price action to
predict the probability of VentriPoint Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VentriPoint Diagnostics' price. Additionally, you may evaluate how the addition of VentriPoint Diagnostics to your portfolios can decrease your overall portfolio volatility.