FOXO Free Cash Flow vs Other Non Cash Items Analysis
FOXO Stock | USD 0.52 0.01 1.96% |
FOXO Technologies financial indicator trend analysis is much more than just examining FOXO Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FOXO Technologies is a good investment. Please check the relationship between FOXO Technologies Free Cash Flow and its Other Non Cash Items accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FOXO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. To learn how to invest in FOXO Stock, please use our How to Invest in FOXO Technologies guide.
Free Cash Flow vs Other Non Cash Items
Free Cash Flow vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FOXO Technologies Free Cash Flow account and Other Non Cash Items. At this time, the significance of the direction appears to have pay attention.
The correlation between FOXO Technologies' Free Cash Flow and Other Non Cash Items is -0.97. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of FOXO Technologies, assuming nothing else is changed. The correlation between historical values of FOXO Technologies' Free Cash Flow and Other Non Cash Items 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 of FOXO Technologies are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Free Cash Flow i.e., FOXO Technologies' Free Cash Flow and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.97 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Other Non Cash Items
Most indicators from FOXO Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FOXO Technologies 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 FOXO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. To learn how to invest in FOXO Stock, please use our How to Invest in FOXO Technologies guide.As of the 29th of November 2024, Selling General Administrative is likely to drop to about 695.4 K. In addition to that, Issuance Of Capital Stock is likely to drop to about 646.8 K
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.1M | 1.4M | 1.1M | 1.0M | Depreciation And Amortization | 98K | 1.5M | 1.3M | 1.1M |
FOXO Technologies fundamental ratios Correlations
Click cells to compare fundamentals
FOXO Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with FOXO Technologies
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 FOXO Technologies 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 FOXO Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with FOXO Stock
Moving against FOXO Stock
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The ability to find closely correlated positions to FOXO Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FOXO Technologies 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 FOXO Technologies - 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 FOXO Technologies to buy it.
The correlation of FOXO Technologies 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 FOXO Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FOXO Technologies 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 FOXO Technologies 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FOXO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. To learn how to invest in FOXO Stock, please use our How to Invest in FOXO Technologies guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Health Care Equipment & Supplies 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 FOXO Technologies. If investors know FOXO 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 FOXO Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.05 | Revenue Per Share 0.02 | Quarterly Revenue Growth 1.333 | Return On Assets (1.14) | Return On Equity (17.55) |
The market value of FOXO Technologies is measured differently than its book value, which is the value of FOXO that is recorded on the company's balance sheet. Investors also form their own opinion of FOXO Technologies' value that differs from its market value or its book value, called intrinsic value, which is FOXO Technologies' 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 FOXO Technologies' market value can be influenced by many factors that don't directly affect FOXO Technologies' 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 FOXO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if FOXO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FOXO Technologies' 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.