ALOT Stock | | | USD 15.02 0.17 1.12% |
AstroNova financial indicator trend analysis is way more than just evaluating AstroNova prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AstroNova is a good investment. Please check the relationship between AstroNova Price Cash Flow Ratio and its Free Cash Flow Per Share accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AstroNova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy AstroNova Stock please use our
How to Invest in AstroNova guide.
Price Cash Flow Ratio vs Free Cash Flow Per Share
Price Cash Flow Ratio vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AstroNova Price Cash Flow Ratio account and
Free Cash Flow Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AstroNova's Price Cash Flow Ratio and Free Cash Flow Per Share is -0.1. Overlapping area represents the amount of variation of Price Cash Flow Ratio that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of AstroNova, assuming nothing else is changed. The correlation between historical values of AstroNova's Price Cash Flow Ratio and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price Cash Flow Ratio of AstroNova are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Price Cash Flow Ratio i.e., AstroNova's Price Cash Flow Ratio and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Price Cash Flow Ratio
Free Cash Flow Per Share
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.
Most indicators from AstroNova's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AstroNova 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in AstroNova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy AstroNova Stock please use our
How to Invest in AstroNova guide.At this time, AstroNova's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 19.59 in 2024, whereas
Tax Provision is likely to drop slightly above 1
M in 2024.
AstroNova fundamental ratios Correlations
Click cells to compare fundamentals
AstroNova Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AstroNova fundamental ratios Accounts
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Additional Tools for AstroNova Stock Analysis
When running AstroNova's price analysis, check to
measure AstroNova'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 AstroNova is operating at the current time. Most of AstroNova's value examination focuses on studying past and present price action to
predict the probability of AstroNova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AstroNova's price. Additionally, you may evaluate how the addition of AstroNova to your portfolios can decrease your overall portfolio volatility.