| LUCK Stock | | | CAD 66.00 1.00 1.49% |
Real Luck financial indicator trend analysis is much more than just breaking down Real Luck Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Real Luck Group is a good investment. Please check the relationship between Real Luck Free Cash Flow Yield and its Ptb Ratio accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Real Luck 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 industry.
Free Cash Flow Yield vs Ptb Ratio
Free Cash Flow Yield vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Real Luck Group Free Cash Flow Yield account and
Ptb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Real Luck's Free Cash Flow Yield and Ptb Ratio is -0.74. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Real Luck Group, assuming nothing else is changed. The correlation between historical values of Real Luck's Free Cash Flow Yield and Ptb 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 Free Cash Flow Yield of Real Luck Group are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Real Luck's Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | -0.74 |
| Relationship Direction | Negative |
| 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.
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Real Luck's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Real Luck 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Real Luck 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 industry.
Tax Provision is likely to drop to 5,078 in 2024.
Selling General Administrative is likely to drop to about 8.5
M in 2024
Real Luck fundamental ratios Correlations
Click cells to compare fundamentals
Real Luck Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Real Luck fundamental ratios Accounts
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Additional Tools for Real Stock Analysis
When running Real Luck's price analysis, check to
measure Real Luck'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 Real Luck is operating at the current time. Most of Real Luck's value examination focuses on studying past and present price action to
predict the probability of Real Luck's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Real Luck's price. Additionally, you may evaluate how the addition of Real Luck to your portfolios can decrease your overall portfolio volatility.