Carrier Free Cash Flow Per Share from 2010 to 2024
| CARR Stock | USD 77.00 0.99 1.30% |
Free Cash Flow Per Share | First Reported 2010-12-31 | Previous Quarter 2.5534456 | Current Value 1.62 | Quarterly Volatility 0.23839358 |
Check Carrier Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Carrier Global's main balance sheet or income statement drivers, such as Tax Provision of 715 M, Interest Income of 61.9 M or Depreciation And Amortization of 475.2 M, as well as many indicators such as Price To Sales Ratio of 1.11, Dividend Yield of 0.0082 or PTB Ratio of 2.79. Carrier financial statements analysis is a perfect complement when working with Carrier Global Valuation or Volatility modules.
Carrier | Free Cash Flow Per Share |
Latest Carrier Global's Free Cash Flow Per Share Growth Pattern
Below is the plot of the Free Cash Flow Per Share of Carrier Global Corp over the last few years. It is the amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share. Carrier Global's Free Cash Flow Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Carrier Global's overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow Per Share | 10 Years Trend |
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Free Cash Flow Per Share |
| Timeline |
Carrier Free Cash Flow Per Share Regression Statistics
| Arithmetic Mean | 2.00 | |
| Geometric Mean | 1.99 | |
| Coefficient Of Variation | 11.90 | |
| Mean Deviation | 0.15 | |
| Median | 2.05 | |
| Standard Deviation | 0.24 | |
| Sample Variance | 0.06 | |
| Range | 0.9608 | |
| R-Value | (0.18) | |
| Mean Square Error | 0.06 | |
| R-Squared | 0.03 | |
| Significance | 0.51 | |
| Slope | (0.01) | |
| Total Sum of Squares | 0.80 |
Carrier Free Cash Flow Per Share History
About Carrier Global Financial Statements
Carrier Global shareholders use historical fundamental indicators, such as Free Cash Flow Per Share, to determine how well the company is positioned to perform in the future. Although Carrier Global investors may analyze each financial statement separately, they are all interrelated. The changes in Carrier Global's assets and liabilities, for example, are also reflected in the revenues and expenses on on Carrier Global's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Free Cash Flow Per Share | 2.55 | 1.62 |
Pair Trading with Carrier Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carrier Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carrier Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Carrier Stock
Moving against Carrier Stock
The ability to find closely correlated positions to Carrier Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carrier Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carrier Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carrier Global Corp to buy it.
The correlation of Carrier Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carrier Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carrier Global Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Carrier Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Carrier Stock Analysis
When running Carrier Global's price analysis, check to measure Carrier Global'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 Carrier Global is operating at the current time. Most of Carrier Global's value examination focuses on studying past and present price action to predict the probability of Carrier Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrier Global's price. Additionally, you may evaluate how the addition of Carrier Global to your portfolios can decrease your overall portfolio volatility.