| PETS Stock | | | USD 5.28 0.11 2.13% |
PetMed Express financial indicator trend analysis is much more than just breaking down PetMed Express prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PetMed Express is a good investment. Please check the relationship between PetMed Express Preferred Stock Total Equity and its Common Stock Total Equity accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PetMed Express. 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 PetMed Stock please use our
How to Invest in PetMed Express guide.
Preferred Stock Total Equity vs Common Stock Total Equity
Preferred Stock Total Equity vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PetMed Express Preferred Stock Total Equity account and
Common Stock Total Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between PetMed Express' Preferred Stock Total Equity and Common Stock Total Equity is -0.3. Overlapping area represents the amount of variation of Preferred Stock Total Equity that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of PetMed Express, assuming nothing else is changed. The correlation between historical values of PetMed Express' Preferred Stock Total Equity and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Preferred Stock Total Equity of PetMed Express are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Preferred Stock Total Equity i.e., PetMed Express' Preferred Stock Total Equity and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.3 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Preferred Stock Total Equity
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from PetMed Express' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PetMed Express 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 Equity Center to better understand how to build diversified portfolios, which includes a position in PetMed Express. 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 PetMed Stock please use our
How to Invest in PetMed Express guide.
Selling General Administrative is likely to gain to about 58
M in 2024, whereas
Tax Provision is likely to drop slightly above 1.1
M in 2024.
PetMed Express fundamental ratios Correlations
Click cells to compare fundamentals
PetMed Express Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PetMed Express fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for PetMed Stock Analysis
When running PetMed Express' price analysis, check to
measure PetMed Express' 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 PetMed Express is operating at the current time. Most of PetMed Express' value examination focuses on studying past and present price action to
predict the probability of PetMed Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PetMed Express' price. Additionally, you may evaluate how the addition of PetMed Express to your portfolios can decrease your overall portfolio volatility.