Canada Pe Ratio vs Operating Cash Flow Per Share Analysis
CNC Stock | CAD 0.98 0.01 1.03% |
Canada Nickel financial indicator trend analysis is way more than just evaluating Canada Nickel prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canada Nickel is a good investment. Please check the relationship between Canada Nickel Pe Ratio and its Operating Cash Flow Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canada Nickel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Pe Ratio vs Operating Cash Flow Per Share
Pe Ratio vs Operating Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canada Nickel Pe Ratio account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Canada Nickel's Pe Ratio and Operating Cash Flow Per Share is 0.12. Overlapping area represents the amount of variation of Pe Ratio that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of Canada Nickel, assuming nothing else is changed. The correlation between historical values of Canada Nickel's Pe Ratio and Operating 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 Pe Ratio of Canada Nickel are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Pe Ratio i.e., Canada Nickel's Pe Ratio and Operating Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Pe Ratio
Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Most indicators from Canada Nickel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canada Nickel 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 Canada Nickel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Canada Nickel's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 197.3 M in 2024, whereas Tax Provision is likely to drop slightly above 1.8 M in 2024.
Canada Nickel fundamental ratios Correlations
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Canada Nickel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Canada Stock Analysis
When running Canada Nickel's price analysis, check to measure Canada Nickel'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 Canada Nickel is operating at the current time. Most of Canada Nickel's value examination focuses on studying past and present price action to predict the probability of Canada Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Nickel's price. Additionally, you may evaluate how the addition of Canada Nickel to your portfolios can decrease your overall portfolio volatility.