Fairfax Sale Purchase Of Stock vs Free Cash Flow Analysis

FFH Stock  CAD 1,971  15.75  0.81%   
Fairfax Financial financial indicator trend analysis is much more than just examining Fairfax Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fairfax Financial is a good investment. Please check the relationship between Fairfax Financial Sale Purchase Of Stock and its Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fairfax Financial Holdings. 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.

Sale Purchase Of Stock vs Free Cash Flow

Sale Purchase Of Stock vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fairfax Financial Sale Purchase Of Stock account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fairfax Financial's Sale Purchase Of Stock and Free Cash Flow is -0.5. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Fairfax Financial Holdings, assuming nothing else is changed. The correlation between historical values of Fairfax Financial's Sale Purchase Of Stock and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Fairfax Financial Holdings are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Sale Purchase Of Stock i.e., Fairfax Financial's Sale Purchase Of Stock and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Sale Purchase Of Stock

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Fairfax Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fairfax Financial 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fairfax Financial Holdings. 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, Fairfax Financial's Tax Provision is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value is likely to grow to about 29.8 B, while Selling General Administrative is likely to drop about 408.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense513.9M452.8M510M535.5M
Depreciation And Amortization930.4M677.4M896M940.8M

Fairfax Financial fundamental ratios Correlations

0.940.420.950.930.030.880.92-0.920.650.980.96-0.231.00.940.650.70.880.13-0.390.340.840.690.570.530.61
0.940.370.880.970.140.810.88-0.890.670.980.93-0.250.940.960.590.870.890.07-0.410.360.840.670.480.430.51
0.420.370.260.24-0.160.060.19-0.210.570.370.3-0.060.430.260.60.160.60.820.30.60.640.510.30.330.56
0.950.880.260.890.190.960.96-0.960.530.950.9-0.050.920.880.430.610.830.12-0.270.050.710.610.390.380.46
0.930.970.240.890.170.870.91-0.920.520.970.94-0.180.920.990.530.840.85-0.04-0.470.320.790.580.430.40.45
0.030.14-0.160.190.170.250.33-0.31-0.270.150.050.7-0.020.09-0.58-0.060.160.20.44-0.45-0.080.09-0.64-0.82-0.62
0.880.810.060.960.870.250.95-0.940.320.90.840.00.840.860.270.570.71-0.03-0.33-0.080.560.480.30.290.31
0.920.880.190.960.910.330.95-1.00.440.940.890.010.890.890.320.630.790.05-0.280.070.670.530.30.240.27
-0.92-0.89-0.21-0.96-0.92-0.31-0.94-1.0-0.48-0.94-0.910.01-0.9-0.9-0.35-0.63-0.8-0.050.29-0.1-0.7-0.56-0.33-0.26-0.28
0.650.670.570.530.52-0.270.320.44-0.480.590.64-0.470.670.540.720.630.680.25-0.250.470.80.710.630.580.67
0.980.980.370.950.970.150.90.94-0.940.590.95-0.180.970.960.570.770.890.11-0.370.30.820.660.470.430.51
0.960.930.30.90.940.050.840.89-0.910.640.95-0.240.960.950.620.740.850.0-0.480.390.880.730.550.490.53
-0.23-0.25-0.06-0.05-0.180.70.00.010.01-0.47-0.18-0.24-0.3-0.22-0.61-0.48-0.030.430.8-0.48-0.25-0.2-0.87-0.72-0.46
1.00.940.430.920.92-0.020.840.89-0.90.670.970.96-0.30.930.710.710.870.1-0.440.410.850.70.630.570.63
0.940.960.260.880.990.090.860.89-0.90.540.960.95-0.220.930.590.840.86-0.05-0.490.360.810.590.470.470.52
0.650.590.60.430.53-0.580.270.32-0.350.720.570.62-0.610.710.590.540.60.09-0.490.820.760.520.830.840.89
0.70.870.160.610.84-0.060.570.63-0.630.630.770.74-0.480.710.840.540.7-0.21-0.60.380.690.460.480.490.46
0.880.890.60.830.850.160.710.79-0.80.680.890.85-0.030.870.860.60.70.4-0.10.380.90.760.350.360.59
0.130.070.820.12-0.040.2-0.030.05-0.050.250.110.00.430.1-0.050.09-0.210.40.770.10.320.36-0.22-0.130.21
-0.39-0.410.3-0.27-0.470.44-0.33-0.280.29-0.25-0.37-0.480.8-0.44-0.49-0.49-0.6-0.10.77-0.35-0.25-0.14-0.74-0.61-0.32
0.340.360.60.050.32-0.45-0.080.07-0.10.470.30.39-0.480.410.360.820.380.380.1-0.350.610.310.60.560.55
0.840.840.640.710.79-0.080.560.67-0.70.80.820.88-0.250.850.810.760.690.90.32-0.250.610.810.530.520.68
0.690.670.510.610.580.090.480.53-0.560.710.660.73-0.20.70.590.520.460.760.36-0.140.310.810.450.280.51
0.570.480.30.390.43-0.640.30.3-0.330.630.470.55-0.870.630.470.830.480.35-0.22-0.740.60.530.450.830.68
0.530.430.330.380.4-0.820.290.24-0.260.580.430.49-0.720.570.470.840.490.36-0.13-0.610.560.520.280.830.86
0.610.510.560.460.45-0.620.310.27-0.280.670.510.53-0.460.630.520.890.460.590.21-0.320.550.680.510.680.86
Click cells to compare fundamentals

Fairfax Financial Account Relationship Matchups

Fairfax Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets70.5B74.1B86.6B92.1B92.0B96.6B
Short Long Term Debt Total9.6B11.9B7.8B10.4B10.8B11.3B
Total Current Liabilities4.2B9.6B10.1B11.0B3.0B3.9B
Total Stockholder Equity14.4B13.9B16.4B16.7B23.0B24.1B
Property Plant And Equipment Net2.7B2.8B2.3B2.9B3.3B3.4B
Net Debt4.4B(7.5B)(17.6B)(2.4B)5.0B5.3B
Retained Earnings7.4B7.1B10.0B10.5B16.9B17.7B
Non Current Assets Total42.8B35.0B34.9B50.7B67.2B70.5B
Non Currrent Assets Other(42.8B)(35.0B)(34.9B)(50.7B)(67.2B)(63.8B)
Common Stock Shares Outstanding28.1M34.7M27.8M25.3M25.0M20.8M
Liabilities And Stockholders Equity70.5B74.1B86.6B92.1B92.0B96.6B
Non Current Liabilities Total8.4B9.7B8.7B11.0B11.7B12.3B
Other Current Assets10.3B9.0B10.3B10.8B12.4B9.5B
Other Stockholder Equity(844.2M)(12.6B)(9.2B)(9.5B)(294M)(308.7M)
Total Liab52.6B56.5B65.3B71.8B64.3B67.5B
Property Plant And Equipment Gross1.3B1.2B2.7B2.8B3.2B3.3B
Total Current Assets26.7B32.7B44.3B36.1B10.5B15.9B
Short Term Debt853.4M1.7B647.6M693.4M790.6M830.1M
Intangible Assets3.2B3.1B2.8B2.8B3.3B3.4B
Other Assets1.0B6.4B7.4B5.4B14.3B12.5B
Other Current Liab(4.2B)(9.6B)(10.1B)(11.0B)(3.0B)(2.8B)
Net Receivables16.1B16.3B19.0B21.0B2.6B2.4B
Good Will3.0B3.1B3.1B2.9B3.1B1.7B
Common Stock Total Equity6.9B6.9B6.8B6.7B7.7B4.5B
Accumulated Other Comprehensive Income(711.7M)(799M)(801.7M)(979.6M)(962.2M)(914.1M)
Common Stock6.8B12.5B15.0B15.3B6.0B6.9B
Cash4.3B16.3B25.3B11.7B5.8B7.7B
Cash And Short Term Investments10.6B16.3B25.3B11.7B8.0B10.5B
Accounts Payable3.4B8.0B9.5B10.3B2.2B3.7B
Short Term Investments6.3B8.5B9.7B3.3B2.2B2.1B
Other Liab22.9B24.5B30.3B32.7B37.6B23.7B
Net Tangible Assets6.8B6.3B9.1B9.7B11.1B7.4B
Long Term Debt7.2B8.8B7.8B8.6B8.9B6.8B
Inventory694.5M645.6M547.3M668.2M768.4M426.7M
Long Term Investments33.9B26.1B26.7B42.1B57.6B32.9B
Short Long Term Debt763.4M1.9B647.6M693.4M790.6M858.5M
Property Plant Equipment2.7B2.8B2.3B2.9B3.3B1.7B
Long Term Debt Total8.7B10.3B7.8B9.7B11.2B8.5B
Treasury Stock(587.5M)(661.1M)(732.8M)(808.1M)(727.3M)(763.7M)
Cash And Equivalents3M0.0554.3M40.6M36.5M34.7M

Pair Trading with Fairfax Financial

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 Fairfax Financial 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 Fairfax Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Fairfax Stock

  0.73ELF E L FinancialPairCorr
  0.88FFH-PC Fairfax Fin HldPairCorr
  0.66FFH-PK Fairfax FinancialPairCorr
The ability to find closely correlated positions to Fairfax Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fairfax Financial 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 Fairfax Financial - 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 Fairfax Financial Holdings to buy it.
The correlation of Fairfax Financial 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 Fairfax Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fairfax Financial 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 Fairfax Financial 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Fairfax Stock

Balance Sheet is a snapshot of the financial position of Fairfax Financial at a specified time, usually calculated after every quarter, six months, or one year. Fairfax Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fairfax Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Fairfax currently owns. An asset can also be divided into two categories, current and non-current.