Foresight Pb Ratio vs Price To Sales Ratio Analysis
			
		
	
	
	
	
 	| FRSX Stock |  |  | USD 2.25  0.06  2.60% | 
Foresight Autonomous financial indicator trend analysis is much more than just examining Foresight Autonomous latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foresight Autonomous is a good investment. Please check the relationship between Foresight Autonomous Pb Ratio and its Price To Sales Ratio accounts. Check out  
Investing Opportunities to better understand how to build diversified portfolios,  which includes a position in Foresight Autonomous Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as 
signals in main economic indicators. 
          
Pb Ratio vs Price To Sales Ratio
Pb Ratio vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of  
Foresight Autonomous Pb Ratio account and 
Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Foresight Autonomous' Pb Ratio and Price To Sales Ratio is -0.44. Overlapping area represents the amount of variation of  Pb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Foresight Autonomous Holdings, assuming nothing else is changed. The correlation between historical values of Foresight Autonomous' Pb Ratio and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Foresight Autonomous Holdings are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The  correlation of zero (0) is possible when  Price To Sales Ratio has no effect on the direction of Pb Ratio i.e., Foresight Autonomous' Pb Ratio and Price To Sales Ratio go up and down completely randomly.
| Correlation Coefficient | -0.44 | 
| Relationship Direction | Negative | 
| Relationship Strength | Very Weak | 
Pb Ratio
 Price To Sales Ratio
Price to Sales Ratio is figured by comparing Foresight Autonomous stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Foresight Autonomous sales, a figure that is much harder to manipulate than other Foresight Autonomous Holdings multiples. Because sales tend to be more stable P/S ratio  can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
		
	
Most indicators from Foresight Autonomous' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foresight Autonomous 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  
Investing Opportunities to better understand how to build diversified portfolios,  which includes a position in Foresight Autonomous Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as 
signals in main economic indicators. 
          
Sales General And Administrative To Revenue is likely to rise to  15.14 in 2025, whereas 
Selling General Administrative is likely to drop slightly above 2.7 
M in 2025. 
Foresight Autonomous fundamental ratios Correlations
Click cells to compare fundamentals
Foresight Autonomous Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Foresight Autonomous fundamental ratios Accounts
	
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Additional Tools for Foresight Stock Analysis
When running Foresight Autonomous' price analysis, check to  
measure Foresight Autonomous' 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 Foresight Autonomous is operating at the current time. Most of Foresight Autonomous' value examination focuses on studying past and present price action to  
predict the probability of Foresight Autonomous' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foresight Autonomous' price. Additionally, you may evaluate how the addition of Foresight Autonomous to your portfolios can decrease your overall portfolio volatility.