N2OFF Investments vs Free Cash Flow Analysis
| NITO Stock | 0.20 0.02 9.09% |
N2OFF financial indicator trend analysis is infinitely more than just investigating N2OFF Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether N2OFF Inc is a good investment. Please check the relationship between N2OFF Investments and its Free Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in N2OFF Inc. 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.
Investments vs Free Cash Flow
Investments vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of N2OFF Inc Investments account and Free Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between N2OFF's Investments and Free Cash Flow is 0.44. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of N2OFF Inc, assuming nothing else is changed. The correlation between historical values of N2OFF's Investments and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of N2OFF Inc are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Investments i.e., N2OFF's Investments and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.44 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Most indicators from N2OFF's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into N2OFF Inc 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 N2OFF Inc. 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. At this time, N2OFF's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 1st of December 2024, Enterprise Value Over EBITDA is likely to grow to 0.29, while Selling General Administrative is likely to drop about 4.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.3K | 8.8K | 5.4K | 5.1K | Depreciation And Amortization | 58.2K | 54.7K | 20.8K | 33.0K |
N2OFF fundamental ratios Correlations
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N2OFF Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with N2OFF
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if N2OFF position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in N2OFF will appreciate offsetting losses from the drop in the long position's value.Moving against N2OFF Stock
| 0.76 | CF | CF Industries Holdings | PairCorr |
| 0.54 | IPI | Intrepid Potash | PairCorr |
| 0.5 | UAN | CVR Partners LP | PairCorr |
| 0.43 | SMG | Scotts Miracle Gro | PairCorr |
The ability to find closely correlated positions to N2OFF could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace N2OFF when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back N2OFF - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling N2OFF Inc to buy it.
The correlation of N2OFF is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as N2OFF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if N2OFF Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for N2OFF can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in N2OFF Inc. 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. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Fertilizers & Agricultural Chemicals 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 N2OFF. If investors know N2OFF 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 N2OFF listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.12) | Revenue Per Share 0.07 | Quarterly Revenue Growth (0.55) | Return On Assets (0.47) | Return On Equity (1.13) |
The market value of N2OFF Inc is measured differently than its book value, which is the value of N2OFF that is recorded on the company's balance sheet. Investors also form their own opinion of N2OFF's value that differs from its market value or its book value, called intrinsic value, which is N2OFF's 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 N2OFF's market value can be influenced by many factors that don't directly affect N2OFF's 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 N2OFF's value and its price as these two are different measures arrived at by different means. Investors typically determine if N2OFF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, N2OFF's 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.