HIMS Stock | | | USD 25.33 1.18 4.89% |
Hims Hers financial indicator trend analysis is much more than just examining Hims Hers Health latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hims Hers Health is a good investment. Please check the relationship between Hims Hers Income Quality and its Pfcf Ratio accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hims Hers Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Income Quality vs Pfcf Ratio
Income Quality vs Pfcf Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hims Hers Health Income Quality account and
Pfcf Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hims Hers' Income Quality and Pfcf Ratio is -0.65. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Hims Hers Health, assuming nothing else is changed. The correlation between historical values of Hims Hers' Income Quality and Pfcf Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Hims Hers Health are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Income Quality i.e., Hims Hers' Income Quality and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
Pfcf Ratio
Most indicators from Hims Hers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hims Hers Health 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hims Hers Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
At this time, Hims Hers'
Tax Provision is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 1.9
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 117.3
M in 2024.
Hims Hers fundamental ratios Correlations
Click cells to compare fundamentals
Hims Hers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hims Hers 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 Hims Stock Analysis
When running Hims Hers' price analysis, check to
measure Hims Hers' 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 Hims Hers is operating at the current time. Most of Hims Hers' value examination focuses on studying past and present price action to
predict the probability of Hims Hers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hims Hers' price. Additionally, you may evaluate how the addition of Hims Hers to your portfolios can decrease your overall portfolio volatility.