PEI Stock | | | CAD 0.03 0.01 25.00% |
Prospera Energy financial indicator trend analysis is much more than just breaking down Prospera Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prospera Energy is a good investment. Please check the relationship between Prospera Energy Average Inventory and its Net Income Per Share accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prospera Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Average Inventory vs Net Income Per Share
Average Inventory vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Prospera Energy Average Inventory account and
Net Income Per Share. At this time, the significance of the direction appears to have weak relationship.
The correlation between Prospera Energy's Average Inventory and Net Income Per Share is 0.32. Overlapping area represents the amount of variation of Average Inventory that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Prospera Energy, assuming nothing else is changed. The correlation between historical values of Prospera Energy's Average Inventory and Net Income 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 Average Inventory of Prospera Energy are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Average Inventory i.e., Prospera Energy's Average Inventory and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.
Net Income Per Share
Most indicators from Prospera Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prospera Energy 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 Prospera Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Prospera Energy's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.34 in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(66.15).
Prospera Energy fundamental ratios Correlations
Click cells to compare fundamentals
Prospera Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prospera Energy fundamental ratios Accounts
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Additional Tools for Prospera Stock Analysis
When running Prospera Energy's price analysis, check to
measure Prospera Energy'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 Prospera Energy is operating at the current time. Most of Prospera Energy's value examination focuses on studying past and present price action to
predict the probability of Prospera Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prospera Energy's price. Additionally, you may evaluate how the addition of Prospera Energy to your portfolios can decrease your overall portfolio volatility.