PNPN Stock | | | 0.75 0.03 3.85% |
Power Nickel financial indicator trend analysis is much more than just breaking down Power Nickel prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Power Nickel is a good investment. Please check the relationship between Power Nickel Free Cash Flow Per Share and its Book Value Per Share accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power Nickel. 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.
Free Cash Flow Per Share vs Book Value Per Share
Free Cash Flow Per Share vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Power Nickel Free Cash Flow Per Share account and
Book Value Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between Power Nickel's Free Cash Flow Per Share and Book Value Per Share is -0.86. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Power Nickel, assuming nothing else is changed. The correlation between historical values of Power Nickel's Free Cash Flow Per Share and Book Value 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 Free Cash Flow Per Share of Power Nickel are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Free Cash Flow Per Share i.e., Power Nickel's Free Cash Flow Per Share and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.86 |
Relationship Direction | Negative |
Relationship Strength | Significant |
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.
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.
Most indicators from Power Nickel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Power Nickel 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 Power Nickel. 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, Power Nickel's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 31.3
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.5
M in 2024.
Power Nickel fundamental ratios Correlations
Click cells to compare fundamentals
Power Nickel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Power Nickel fundamental ratios Accounts
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Additional Tools for Power Stock Analysis
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measure Power Nickel'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 Power Nickel is operating at the current time. Most of Power Nickel's value examination focuses on studying past and present price action to
predict the probability of Power Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Power Nickel's price. Additionally, you may evaluate how the addition of Power Nickel to your portfolios can decrease your overall portfolio volatility.