Flying Free Cash Flow Per Share vs Roic Analysis
| FLYN Stock | 0.04 0.01 10.00% |
Flying Nickel financial indicator trend analysis is much more than just examining Flying Nickel Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flying Nickel Mining is a good investment. Please check the relationship between Flying Nickel Free Cash Flow Per Share and its Roic accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flying Nickel Mining. 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.
Free Cash Flow Per Share vs Roic
Free Cash Flow Per Share vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flying Nickel Mining Free Cash Flow Per Share account and Roic. At this time, the significance of the direction appears to have strong relationship.
The correlation between Flying Nickel's Free Cash Flow Per Share and Roic is 0.79. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Roic in the same time period over historical financial statements of Flying Nickel Mining, assuming nothing else is changed. The correlation between historical values of Flying Nickel's Free Cash Flow Per Share and Roic 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 Per Share of Flying Nickel Mining are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Free Cash Flow Per Share i.e., Flying Nickel's Free Cash Flow Per Share and Roic go up and down completely randomly.
Correlation Coefficient | 0.79 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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.Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Most indicators from Flying Nickel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flying Nickel Mining 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 Flying Nickel Mining. 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. Selling General Administrative is likely to drop to about 1.1 M in 2024. Issuance Of Capital Stock is likely to drop to about 1.6 M in 2024
Flying Nickel fundamental ratios Correlations
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Flying Nickel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Flying Stock Analysis
When running Flying Nickel's price analysis, check to measure Flying 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 Flying Nickel is operating at the current time. Most of Flying Nickel's value examination focuses on studying past and present price action to predict the probability of Flying 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 Flying Nickel's price. Additionally, you may evaluate how the addition of Flying Nickel to your portfolios can decrease your overall portfolio volatility.