SLQT Stock | | | USD 2.99 0.09 3.10% |
Selectquote financial indicator trend analysis is much more than just breaking down Selectquote prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Selectquote is a good investment. Please check the relationship between Selectquote Free Cash Flow and its Cash Ratio accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Selectquote. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
For more information on how to buy Selectquote Stock please use our
How to Invest in Selectquote guide.
Free Cash Flow vs Cash Ratio
Free Cash Flow vs Cash Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Selectquote Free Cash Flow account and
Cash Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Selectquote's Free Cash Flow and Cash Ratio is -0.49. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Cash Ratio in the same time period over historical financial statements of Selectquote, assuming nothing else is changed. The correlation between historical values of Selectquote's Free Cash Flow and Cash Ratio 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 Selectquote are associated (or correlated) with its Cash Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Ratio has no effect on the direction of Free Cash Flow i.e., Selectquote's Free Cash Flow and Cash Ratio go up and down completely randomly.
Correlation Coefficient | -0.49 |
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.
Cash Ratio
Most indicators from Selectquote's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Selectquote 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Selectquote. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
For more information on how to buy Selectquote Stock please use our
How to Invest in Selectquote guide.At this time, Selectquote's
Tax Provision is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 148.1
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 12.60 in 2024.
Selectquote fundamental ratios Correlations
Click cells to compare fundamentals
Selectquote Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Selectquote fundamental ratios Accounts
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Additional Tools for Selectquote Stock Analysis
When running Selectquote's price analysis, check to
measure Selectquote'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 Selectquote is operating at the current time. Most of Selectquote's value examination focuses on studying past and present price action to
predict the probability of Selectquote's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Selectquote's price. Additionally, you may evaluate how the addition of Selectquote to your portfolios can decrease your overall portfolio volatility.