| IFOS Stock | | | CAD 1.72 0.02 1.18% |
Itafos Corp financial indicator trend analysis is infinitely more than just investigating Itafos Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Itafos Corp is a good investment. Please check the relationship between Itafos Corp Interest Coverage and its Pfcf Ratio accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itafos 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 state.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Itafos Corp Interest Coverage account and
Pfcf Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Itafos Corp's Interest Coverage and Pfcf Ratio is 0.51. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Itafos Corp, assuming nothing else is changed. The correlation between historical values of Itafos Corp's Interest Coverage 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 Interest Coverage of Itafos Corp 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 Interest Coverage i.e., Itafos Corp's Interest Coverage and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | 0.51 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Most indicators from Itafos Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Itafos 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 Itafos 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 state.
At this time, Itafos Corp's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to climb to 4.43 in 2024, whereas
Tax Provision is likely to drop slightly above 1.1
M in 2024.
When running Itafos Corp's price analysis, check to
measure Itafos 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 Itafos Corp is operating at the current time. Most of Itafos Corp's value examination focuses on studying past and present price action to
predict the probability of Itafos 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 Itafos Corp's price. Additionally, you may evaluate how the addition of Itafos Corp to your portfolios can decrease your overall portfolio volatility.