Fortitude Free Cash Flow Yield vs Days Sales Outstanding Analysis
Fortitude financial indicator trend analysis is much more than just examining Fortitude Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fortitude Group is a good investment. Please check the relationship between Fortitude Free Cash Flow Yield and its Days Sales Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortitude Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Free Cash Flow Yield vs Days Sales Outstanding
Free Cash Flow Yield vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortitude Group Free Cash Flow Yield account and Days Sales Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Fortitude's Free Cash Flow Yield and Days Sales Outstanding is 0.51. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Fortitude Group, assuming nothing else is changed. The correlation between historical values of Fortitude's Free Cash Flow Yield and Days Sales Outstanding 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 Fortitude Group are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Free Cash Flow Yield i.e., Fortitude's Free Cash Flow Yield and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | 0.51 |
| Relationship Direction | Positive |
| Relationship Strength | 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.Days Sales Outstanding
Most indicators from Fortitude's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fortitude Group 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 Fortitude Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. The current year's Selling General Administrative is expected to grow to about 430.2 K, whereas Enterprise Value Over EBITDA is forecasted to decline to (1.19).
Fortitude fundamental ratios Correlations
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Fortitude Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Fortitude Group is a strong investment it is important to analyze Fortitude's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortitude's future performance. For an informed investment choice regarding Fortitude Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortitude Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Asset Management & Custody Banks 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 Fortitude. If investors know Fortitude 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 Fortitude listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.02 |
The market value of Fortitude Group is measured differently than its book value, which is the value of Fortitude that is recorded on the company's balance sheet. Investors also form their own opinion of Fortitude's value that differs from its market value or its book value, called intrinsic value, which is Fortitude's 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 Fortitude's market value can be influenced by many factors that don't directly affect Fortitude's 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 Fortitude's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortitude is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortitude's 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.