PFMT Stock | | | USD 3.16 0.01 0.32% |
Performant Financial financial indicator trend analysis is much more than just breaking down Performant Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Performant Financial is a good investment. Please check the relationship between Performant Financial Non Current Liabilities Total and its Other Current Liab accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performant Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Performant Stock please use our
How to Invest in Performant Financial guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Performant Financial Non Current Liabilities Total account and
Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Performant Financial's Non Current Liabilities Total and Other Current Liab is 0.52. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Performant Financial, assuming nothing else is changed. The correlation between historical values of Performant Financial's Non Current Liabilities Total and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Performant Financial are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Non Current Liabilities Total i.e., Performant Financial's Non Current Liabilities Total and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Most indicators from Performant Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Performant Financial 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 Performant Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Performant Stock please use our
How to Invest in Performant Financial guide.At this time, Performant Financial's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 300.11 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.46 in 2024.
When running Performant Financial's price analysis, check to
measure Performant Financial'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 Performant Financial is operating at the current time. Most of Performant Financial's value examination focuses on studying past and present price action to
predict the probability of Performant Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Performant Financial's price. Additionally, you may evaluate how the addition of Performant Financial to your portfolios can decrease your overall portfolio volatility.