NXGLW Stock | | | USD 0.50 0.04 8.70% |
NexGel Warrant financial indicator trend analysis is infinitely more than just investigating NexGel Warrant recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NexGel Warrant is a good investment. Please check the relationship between NexGel Warrant Free Cash Flow Per Share and its Roe accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexGel Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy NexGel Stock please use our
How to Invest in NexGel Warrant guide.
Free Cash Flow Per Share vs Roe
Free Cash Flow Per Share vs Roe Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NexGel Warrant Free Cash Flow Per Share account and
Roe. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NexGel Warrant's Free Cash Flow Per Share and Roe is -0.49. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Roe in the same time period over historical financial statements of NexGel Warrant, assuming nothing else is changed. The correlation between historical values of NexGel Warrant's Free Cash Flow Per Share and Roe 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 Per Share of NexGel Warrant are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Free Cash Flow Per Share i.e., NexGel Warrant's Free Cash Flow Per Share and Roe go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Roe
Most indicators from NexGel Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NexGel Warrant 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 NexGel Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy NexGel Stock please use our
How to Invest in NexGel Warrant guide.
Selling General Administrative is likely to drop to about 2.6
M in 2024.
Issuance Of Capital Stock is likely to drop to about 7.9
M in 2024
NexGel Warrant fundamental ratios Correlations
Click cells to compare fundamentals
NexGel Warrant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NexGel Warrant fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for NexGel Stock Analysis
When running NexGel Warrant's price analysis, check to
measure NexGel Warrant'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 NexGel Warrant is operating at the current time. Most of NexGel Warrant's value examination focuses on studying past and present price action to
predict the probability of NexGel Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGel Warrant's price. Additionally, you may evaluate how the addition of NexGel Warrant to your portfolios can decrease your overall portfolio volatility.