Eagle Free Cash Flow Yield vs Income Quality Analysis
| ECCV Stock | USD 23.18 0.05 0.22% |
Eagle Point financial indicator trend analysis is much more than just examining Eagle Point Credit latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eagle Point Credit is a good investment. Please check the relationship between Eagle Point Free Cash Flow Yield and its Income Quality accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Point Credit. 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 Income Quality
Free Cash Flow Yield vs Income Quality Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eagle Point Credit Free Cash Flow Yield account and Income Quality. At this time, the significance of the direction appears to have very week relationship.
The correlation between Eagle Point's Free Cash Flow Yield and Income Quality is 0.22. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Income Quality in the same time period over historical financial statements of Eagle Point Credit, assuming nothing else is changed. The correlation between historical values of Eagle Point's Free Cash Flow Yield and Income Quality 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 Eagle Point Credit are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Free Cash Flow Yield i.e., Eagle Point's Free Cash Flow Yield and Income Quality go up and down completely randomly.
Correlation Coefficient | 0.22 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
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.Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Thematic Opportunities
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Additional Tools for Eagle Stock Analysis
When running Eagle Point's price analysis, check to measure Eagle Point'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 Eagle Point is operating at the current time. Most of Eagle Point's value examination focuses on studying past and present price action to predict the probability of Eagle Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Point's price. Additionally, you may evaluate how the addition of Eagle Point to your portfolios can decrease your overall portfolio volatility.