| PUMP Stock | | | USD 8.45 0.05 0.59% |
ProPetro Holding financial indicator trend analysis is much more than just breaking down ProPetro Holding Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ProPetro Holding Corp is a good investment. Please check the relationship between ProPetro Holding Free Cash Flow and its Begin Period Cash Flow accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProPetro Holding Corp. 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.
Free Cash Flow vs Begin Period Cash Flow
Free Cash Flow vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ProPetro Holding Corp Free Cash Flow account and
Begin Period Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between ProPetro Holding's Free Cash Flow and Begin Period Cash Flow is -0.52. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of ProPetro Holding Corp, assuming nothing else is changed. The correlation between historical values of ProPetro Holding's Free Cash Flow and Begin Period 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 Free Cash Flow of ProPetro Holding Corp are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Free Cash Flow i.e., ProPetro Holding's Free Cash Flow and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.52 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from ProPetro Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ProPetro Holding Corp 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 ProPetro Holding Corp. 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.
As of 11/26/2024,
Tax Provision is likely to grow to about 39.5
M, while
Selling General Administrative is likely to drop slightly above 80.4
M.
ProPetro Holding fundamental ratios Correlations
Click cells to compare fundamentals
ProPetro Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ProPetro Holding fundamental ratios Accounts
Additional Tools for ProPetro Stock Analysis
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