Honeywell Price To Free Cash Flows Ratio from 2010 to 2025
| HON Stock | USD 202.75 2.52 1.23% |
Price To Free Cash Flows Ratio | First Reported 2010-12-31 | Previous Quarter 29.80575735 | Current Value 25.69 | Quarterly Volatility 6.20014589 |
Check Honeywell International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Honeywell International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 859.6 M, Interest Expense of 1.1 B or Total Revenue of 28.6 B, as well as many indicators such as Price To Sales Ratio of 4.01, Dividend Yield of 0.026 or PTB Ratio of 161. Honeywell financial statements analysis is a perfect complement when working with Honeywell International Valuation or Volatility modules.
Honeywell | Price To Free Cash Flows Ratio |
Latest Honeywell International's Price To Free Cash Flows Ratio Growth Pattern
Below is the plot of the Price To Free Cash Flows Ratio of Honeywell International over the last few years. It is Honeywell International's Price To Free Cash Flows Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Honeywell International's overall financial position and show how it may be relating to other accounts over time.
| Price To Free Cash Flows Ratio | 10 Years Trend |
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Price To Free Cash Flows Ratio |
| Timeline |
Honeywell Price To Free Cash Flows Ratio Regression Statistics
| Arithmetic Mean | 22.60 | |
| Geometric Mean | 21.74 | |
| Coefficient Of Variation | 27.44 | |
| Mean Deviation | 5.10 | |
| Median | 21.07 | |
| Standard Deviation | 6.20 | |
| Sample Variance | 38.44 | |
| Range | 22.1325 | |
| R-Value | 0.84 | |
| Mean Square Error | 12.02 | |
| R-Squared | 0.71 | |
| Significance | 0.000044 | |
| Slope | 1.10 | |
| Total Sum of Squares | 576.63 |
Honeywell Price To Free Cash Flows Ratio History
About Honeywell International Financial Statements
Honeywell International investors utilize fundamental indicators, such as Price To Free Cash Flows Ratio, to predict how Honeywell Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price To Free Cash Flows Ratio | 29.81 | 25.69 |
Pair Trading with Honeywell International
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 Honeywell International 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 Honeywell International will appreciate offsetting losses from the drop in the long position's value.Moving together with Honeywell Stock
Moving against Honeywell Stock
| 0.73 | B | Barnes Group | PairCorr |
| 0.65 | BZ | Kanzhun Ltd ADR | PairCorr |
| 0.64 | MMM | 3M Company | PairCorr |
| 0.52 | BA | Boeing | PairCorr |
| 0.43 | CP | Canadian Pacific Railway | PairCorr |
The ability to find closely correlated positions to Honeywell International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Honeywell International 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 Honeywell International - 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 Honeywell International to buy it.
The correlation of Honeywell International 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 Honeywell International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Honeywell International 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 Honeywell International 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.Check out the analysis of Honeywell International Correlation against competitors. To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Industrial Conglomerates space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Honeywell International. If investors know Honeywell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Honeywell International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.027 | Dividend Share 4.37 | Earnings Share 8.72 | Revenue Per Share | Quarterly Revenue Growth 0.069 |
The market value of Honeywell International is measured differently than its book value, which is the value of Honeywell that is recorded on the company's balance sheet. Investors also form their own opinion of Honeywell International's value that differs from its market value or its book value, called intrinsic value, which is Honeywell International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Honeywell International's market value can be influenced by many factors that don't directly affect Honeywell International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Honeywell International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honeywell International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honeywell International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.