NNOX Stock | | | USD 6.46 0.18 2.87% |
Nano X financial indicator trend analysis is infinitely more than just investigating Nano X Imaging recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nano X Imaging is a good investment. Please check the relationship between Nano X Operating Cash Flow Per Share and its Free Cash Flow Yield accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nano X Imaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Operating Cash Flow Per Share vs Free Cash Flow Yield
Operating Cash Flow Per Share vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nano X Imaging Operating Cash Flow Per Share account and
Free Cash Flow Yield. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nano X's Operating Cash Flow Per Share and Free Cash Flow Yield is 0.94. Overlapping area represents the amount of variation of Operating Cash Flow Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Nano X Imaging, assuming nothing else is changed. The correlation between historical values of Nano X's Operating Cash Flow Per Share and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Cash Flow Per Share of Nano X Imaging are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Operating Cash Flow Per Share i.e., Nano X's Operating Cash Flow Per Share and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.
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.
Most indicators from Nano X's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nano X Imaging 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 Nano X Imaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
At this time, Nano X's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to rise to about 37.7
M in 2024, whereas
Tax Provision is likely to drop (1.4
M) in 2024.
Nano X fundamental ratios Correlations
Click cells to compare fundamentals
Nano X Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nano X fundamental ratios Accounts
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Additional Tools for Nano Stock Analysis
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measure Nano X'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 Nano X is operating at the current time. Most of Nano X's value examination focuses on studying past and present price action to
predict the probability of Nano X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nano X's price. Additionally, you may evaluate how the addition of Nano X to your portfolios can decrease your overall portfolio volatility.