FTV Stock | | | USD 78.42 1.47 1.91% |
Fortive Corp financial indicator trend analysis is much more than just examining Fortive Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fortive Corp is a good investment. Please check the relationship between Fortive Corp Dividend Yield and its Cash Per Share accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortive Corp. 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.
For more information on how to buy Fortive Stock please use our
How to Invest in Fortive Corp guide.
Dividend Yield vs Cash Per Share
Dividend Yield vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fortive Corp Dividend Yield account and
Cash Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fortive Corp's Dividend Yield and Cash Per Share is -0.46. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Fortive Corp, assuming nothing else is changed. The correlation between historical values of Fortive Corp's Dividend Yield and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Fortive Corp are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Dividend Yield i.e., Fortive Corp's Dividend Yield and Cash Per Share go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Dividend Yield
Dividend Yield is Fortive Corp dividend as a percentage of Fortive Corp stock price. Fortive Corp dividend yield is a measure of Fortive Corp stock productivity, which can be interpreted as interest rate earned on an Fortive Corp investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Cash Per Share
Most indicators from Fortive Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fortive Corp 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 Fortive Corp. 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.
For more information on how to buy Fortive Stock please use our
How to Invest in Fortive Corp guide.
Tax Provision is likely to climb to about 145.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.9
B in 2024.
Fortive Corp fundamental ratios Correlations
Click cells to compare fundamentals
Fortive Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fortive Corp fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Fortive Stock Analysis
When running Fortive Corp's price analysis, check to
measure Fortive Corp'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 Fortive Corp is operating at the current time. Most of Fortive Corp's value examination focuses on studying past and present price action to
predict the probability of Fortive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortive Corp's price. Additionally, you may evaluate how the addition of Fortive Corp to your portfolios can decrease your overall portfolio volatility.