First Free Cash Flow Yield vs Ptb Ratio Analysis

BITCF Stock  USD 0.0001  0.00  0.00%   
First BITCoin financial indicator trend analysis is much more than just examining First BITCoin Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First BITCoin Capital is a good investment. Please check the relationship between First BITCoin Free Cash Flow Yield and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First BITCoin Capital. 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.

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First BITCoin Capital Free Cash Flow Yield account and Ptb Ratio. At this time, the significance of the direction appears to have very strong relationship.
The correlation between First BITCoin's Free Cash Flow Yield and Ptb Ratio is 0.84. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of First BITCoin Capital, assuming nothing else is changed. The correlation between historical values of First BITCoin's Free Cash Flow Yield and Ptb 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 Free Cash Flow Yield of First BITCoin Capital are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Yield i.e., First BITCoin's Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from First BITCoin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First BITCoin Capital 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 First BITCoin Capital. 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.
The current Selling General Administrative is estimated to decrease to about 179.4 K. The current Sales General And Administrative To Revenue is estimated to decrease to 0.72

First BITCoin fundamental ratios Correlations

0.20.90.9-0.25-0.030.20.230.370.230.85-0.310.150.27-0.2-0.20.170.170.16
0.2-0.12-0.12-0.92-0.911.00.970.910.970.16-0.92-0.5-0.790.880.87-0.84-0.84-0.84
0.9-0.121.00.090.36-0.12-0.06-0.01-0.060.850.050.540.61-0.51-0.510.520.520.52
0.9-0.121.00.090.36-0.12-0.06-0.01-0.060.850.050.540.61-0.51-0.510.520.520.52
-0.25-0.920.090.090.85-0.92-0.81-0.97-0.81-0.050.990.540.84-0.86-0.850.890.890.89
-0.03-0.910.360.360.85-0.91-0.89-0.86-0.890.020.860.760.88-0.88-0.890.90.90.9
0.21.0-0.12-0.12-0.92-0.910.970.910.970.16-0.92-0.5-0.790.880.87-0.84-0.84-0.84
0.230.97-0.06-0.06-0.81-0.890.970.821.00.29-0.83-0.43-0.680.780.78-0.72-0.73-0.72
0.370.91-0.01-0.01-0.97-0.860.910.820.820.12-1.0-0.62-0.790.820.82-0.85-0.85-0.85
0.230.97-0.06-0.06-0.81-0.890.971.00.820.29-0.83-0.43-0.680.780.78-0.72-0.73-0.72
0.850.160.850.85-0.050.020.160.290.120.29-0.080.40.43-0.34-0.340.350.350.35
-0.31-0.920.050.050.990.86-0.92-0.83-1.0-0.83-0.080.60.82-0.85-0.850.880.880.88
0.15-0.50.540.540.540.76-0.5-0.43-0.62-0.430.40.60.77-0.69-0.710.760.750.77
0.27-0.790.610.610.840.88-0.79-0.68-0.79-0.680.430.820.77-0.97-0.970.990.990.99
-0.20.88-0.51-0.51-0.86-0.880.880.780.820.78-0.34-0.85-0.69-0.971.0-0.97-0.97-0.97
-0.20.87-0.51-0.51-0.85-0.890.870.780.820.78-0.34-0.85-0.71-0.971.0-0.97-0.97-0.97
0.17-0.840.520.520.890.9-0.84-0.72-0.85-0.720.350.880.760.99-0.97-0.971.01.0
0.17-0.840.520.520.890.9-0.84-0.73-0.85-0.730.350.880.750.99-0.97-0.971.01.0
0.16-0.840.520.520.890.9-0.84-0.72-0.85-0.720.350.880.770.99-0.97-0.971.01.0
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First BITCoin Account Relationship Matchups

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When determining whether First BITCoin Capital is a strong investment it is important to analyze First BITCoin's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First BITCoin's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First BITCoin Capital. 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.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Investment Banking & Brokerage 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 First BITCoin. If investors know First 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 First BITCoin 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
0.043
Earnings Share
(0)
The market value of First BITCoin Capital is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First BITCoin's value that differs from its market value or its book value, called intrinsic value, which is First BITCoin'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 First BITCoin's market value can be influenced by many factors that don't directly affect First BITCoin'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 First BITCoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if First BITCoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First BITCoin'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.