PhenixFIN Book Value Per Share vs Ev To Operating Cash Flow Analysis
| PFXNZ Stock | USD 22.75 0.09 0.39% |
PhenixFIN 525 financial indicator trend analysis is much more than just breaking down PhenixFIN 525 prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PhenixFIN 525 is a good investment. Please check the relationship between PhenixFIN 525 Book Value Per Share and its Ev To Operating Cash Flow accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PhenixFIN 525. 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. For more information on how to buy PhenixFIN Stock please use our How to Invest in PhenixFIN 525 guide.
Book Value Per Share vs Ev To Operating Cash Flow
Book Value Per Share vs Ev To Operating Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PhenixFIN 525 Book Value Per Share account and Ev To Operating Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between PhenixFIN 525's Book Value Per Share and Ev To Operating Cash Flow is -0.18. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Ev To Operating Cash Flow in the same time period over historical financial statements of PhenixFIN 525, assuming nothing else is changed. The correlation between historical values of PhenixFIN 525's Book Value Per Share and Ev To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of PhenixFIN 525 are associated (or correlated) with its Ev To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Operating Cash Flow has no effect on the direction of Book Value Per Share i.e., PhenixFIN 525's Book Value Per Share and Ev To Operating Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.18 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.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.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 PhenixFIN Stock Analysis
When running PhenixFIN 525's price analysis, check to measure PhenixFIN 525'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 PhenixFIN 525 is operating at the current time. Most of PhenixFIN 525's value examination focuses on studying past and present price action to predict the probability of PhenixFIN 525's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PhenixFIN 525's price. Additionally, you may evaluate how the addition of PhenixFIN 525 to your portfolios can decrease your overall portfolio volatility.