PSMT Stock | | | USD 87.21 0.89 1.01% |
PriceSmart financial indicator trend analysis is much more than just breaking down PriceSmart prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PriceSmart is a good investment. Please check the relationship between PriceSmart Common Stock Shares Outstanding and its Property Plant And Equipment Net accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PriceSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy PriceSmart Stock please use our
How to Invest in PriceSmart guide.
Common Stock Shares Outstanding vs Property Plant And Equipment Net
Common Stock Shares Outstanding vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PriceSmart Common Stock Shares Outstanding account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between PriceSmart's Common Stock Shares Outstanding and Property Plant And Equipment Net is 0.46. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of PriceSmart, assuming nothing else is changed. The correlation between historical values of PriceSmart's Common Stock Shares Outstanding and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of PriceSmart are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock Shares Outstanding i.e., PriceSmart's Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from PriceSmart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PriceSmart 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 PriceSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy PriceSmart Stock please use our
How to Invest in PriceSmart guide.At this time, PriceSmart's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.18 in 2024, whereas
Discontinued Operations is likely to drop (30.2
K) in 2024.
PriceSmart fundamental ratios Correlations
Click cells to compare fundamentals
PriceSmart Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PriceSmart fundamental ratios Accounts
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Additional Tools for PriceSmart Stock Analysis
When running PriceSmart's price analysis, check to
measure PriceSmart'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 PriceSmart is operating at the current time. Most of PriceSmart's value examination focuses on studying past and present price action to
predict the probability of PriceSmart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PriceSmart's price. Additionally, you may evaluate how the addition of PriceSmart to your portfolios can decrease your overall portfolio volatility.