SMRT Stock | | | USD 1.77 0.19 9.69% |
SmartRent financial indicator trend analysis is much more than just breaking down SmartRent prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SmartRent is a good investment. Please check the relationship between SmartRent Book Value Per Share and its Ev To Operating Cash Flow accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SmartRent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy SmartRent Stock please use our
How to Invest in SmartRent 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
SmartRent 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 SmartRent's Book Value Per Share and Ev To Operating Cash Flow is -0.04. 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 SmartRent, assuming nothing else is changed. The correlation between historical values of SmartRent'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 SmartRent 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., SmartRent's Book Value Per Share and Ev To Operating Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.04 |
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.
Most indicators from SmartRent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SmartRent 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 SmartRent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy SmartRent Stock please use our
How to Invest in SmartRent guide.At this time, SmartRent's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.31 in 2024, whereas
Selling General Administrative is likely to drop slightly above 42.4
M in 2024.
SmartRent fundamental ratios Correlations
Click cells to compare fundamentals
SmartRent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SmartRent fundamental ratios Accounts
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Additional Tools for SmartRent Stock Analysis
When running SmartRent's price analysis, check to
measure SmartRent'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 SmartRent is operating at the current time. Most of SmartRent's value examination focuses on studying past and present price action to
predict the probability of SmartRent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SmartRent's price. Additionally, you may evaluate how the addition of SmartRent to your portfolios can decrease your overall portfolio volatility.