PDX Ev To Sales vs Free Cash Flow Per Share Analysis
| PDXP Stock | USD 0.0002 0.00 0.00% |
PDX Partners financial indicator trend analysis is much more than just breaking down PDX Partners prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PDX Partners is a good investment. Please check the relationship between PDX Partners Ev To Sales and its Free Cash Flow Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PDX Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. To learn how to invest in PDX Stock, please use our How to Invest in PDX Partners guide.
Ev To Sales vs Free Cash Flow Per Share
Ev To Sales vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PDX Partners Ev To Sales account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between PDX Partners' Ev To Sales and Free Cash Flow Per Share is -0.76. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of PDX Partners, assuming nothing else is changed. The correlation between historical values of PDX Partners' Ev To Sales and Free Cash Flow Per Share 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 Sales of PDX Partners are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Ev To Sales i.e., PDX Partners' Ev To Sales and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | -0.76 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.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.Most indicators from PDX Partners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PDX Partners 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in PDX Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. To learn how to invest in PDX Stock, please use our How to Invest in PDX Partners guide.As of 12/01/2024, Selling General Administrative is likely to drop to about 33.2 K. In addition to that, Enterprise Value Over EBITDA is likely to drop to -15.3
PDX Partners fundamental ratios Correlations
Click cells to compare fundamentals
PDX Partners Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with PDX Partners
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 PDX Partners 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 PDX Partners will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to PDX Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PDX Partners 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 PDX Partners - 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 PDX Partners to buy it.
The correlation of PDX Partners 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 PDX Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PDX Partners 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 PDX Partners 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 PDX Stock Analysis
When running PDX Partners' price analysis, check to measure PDX Partners' 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 PDX Partners is operating at the current time. Most of PDX Partners' value examination focuses on studying past and present price action to predict the probability of PDX Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PDX Partners' price. Additionally, you may evaluate how the addition of PDX Partners to your portfolios can decrease your overall portfolio volatility.