NorthView Ev To Operating Cash Flow vs Earnings Yield Analysis
| NVACR Stock | USD 0.04 0.01 22.43% |
NorthView Acquisition financial indicator trend analysis is infinitely more than just investigating NorthView Acquisition recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NorthView Acquisition is a good investment. Please check the relationship between NorthView Acquisition Ev To Operating Cash Flow and its Earnings Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NorthView Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in NorthView Stock, please use our How to Invest in NorthView Acquisition guide.
Ev To Operating Cash Flow vs Earnings Yield
Ev To Operating Cash Flow vs Earnings Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NorthView Acquisition Ev To Operating Cash Flow account and Earnings Yield. At this time, the significance of the direction appears to have weak relationship.
The correlation between NorthView Acquisition's Ev To Operating Cash Flow and Earnings Yield is 0.35. Overlapping area represents the amount of variation of Ev To Operating Cash Flow that can explain the historical movement of Earnings Yield in the same time period over historical financial statements of NorthView Acquisition, assuming nothing else is changed. The correlation between historical values of NorthView Acquisition's Ev To Operating Cash Flow and Earnings 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 Ev To Operating Cash Flow of NorthView Acquisition are associated (or correlated) with its Earnings Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earnings Yield has no effect on the direction of Ev To Operating Cash Flow i.e., NorthView Acquisition's Ev To Operating Cash Flow and Earnings Yield go up and down completely randomly.
Correlation Coefficient | 0.35 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Ev To Operating Cash Flow
A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.Earnings Yield
The inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company.Pair Trading with NorthView Acquisition
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 NorthView Acquisition 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 NorthView Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving against NorthView Stock
| 0.53 | BX | Blackstone Group Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.5 | BN | Brookfield Corp | PairCorr |
| 0.49 | CG | Carlyle Group | PairCorr |
| 0.48 | DIST | Distoken Acquisition | PairCorr |
| 0.48 | MA | Mastercard | PairCorr |
The ability to find closely correlated positions to NorthView Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NorthView Acquisition 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 NorthView Acquisition - 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 NorthView Acquisition to buy it.
The correlation of NorthView Acquisition 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 NorthView Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NorthView Acquisition 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 NorthView Acquisition 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.Additional Tools for NorthView Stock Analysis
When running NorthView Acquisition's price analysis, check to measure NorthView Acquisition'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 NorthView Acquisition is operating at the current time. Most of NorthView Acquisition's value examination focuses on studying past and present price action to predict the probability of NorthView Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NorthView Acquisition's price. Additionally, you may evaluate how the addition of NorthView Acquisition to your portfolios can decrease your overall portfolio volatility.