Horizon Roic vs Free Cash Flow Per Share Analysis
| HZNM Stock | USD 0.0002 0.00 0.00% |
Horizon Minerals financial indicator trend analysis is much more than just examining Horizon Minerals Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Horizon Minerals Corp is a good investment. Please check the relationship between Horizon Minerals Roic and its Free Cash Flow Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Minerals 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 board of governors.
Roic vs Free Cash Flow Per Share
Roic vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Horizon Minerals Corp Roic account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between Horizon Minerals' Roic and Free Cash Flow Per Share is -0.99. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Horizon Minerals Corp, assuming nothing else is changed. The correlation between historical values of Horizon Minerals' Roic and Free Cash Flow 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 Roic of Horizon Minerals Corp are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Roic i.e., Horizon Minerals' Roic and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
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.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.Most indicators from Horizon Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Horizon Minerals 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Minerals 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 board of governors. As of the 23rd of November 2024, Selling General Administrative is likely to drop to about 78.5 K. In addition to that, Enterprise Value Over EBITDA is likely to drop to -336.8
Horizon Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Horizon Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Minerals 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 board of governors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Diversified Metals & Mining 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 Horizon Minerals. If investors know Horizon 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 Horizon Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (0.25) | Return On Equity (1.20) |
The market value of Horizon Minerals Corp is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Minerals' value that differs from its market value or its book value, called intrinsic value, which is Horizon Minerals' 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 Horizon Minerals' market value can be influenced by many factors that don't directly affect Horizon Minerals' 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 Horizon Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Minerals' 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.