| SOY Stock | | | CAD 11.21 0.14 1.23% |
SunOpta financial indicator trend analysis is much more than just breaking down SunOpta prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SunOpta is a good investment. Please check the relationship between SunOpta Inventory Turnover and its Free Cash Flow Yield accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SunOpta. 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.
To learn how to invest in SunOpta Stock, please use our
How to Invest in SunOpta guide.
Inventory Turnover vs Free Cash Flow Yield
Inventory Turnover vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SunOpta Inventory Turnover account and
Free Cash Flow Yield. At this time, the significance of the direction appears to have strong relationship.
The correlation between SunOpta's Inventory Turnover and Free Cash Flow Yield is 0.62. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of SunOpta, assuming nothing else is changed. The correlation between historical values of SunOpta's Inventory Turnover and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of SunOpta are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Inventory Turnover i.e., SunOpta's Inventory Turnover and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.62 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from SunOpta's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SunOpta 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 SunOpta. 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.
To learn how to invest in SunOpta Stock, please use our
How to Invest in SunOpta guide.As of the 30th of November 2024,
Tax Provision is likely to grow to about 3.4
M, while
Selling General Administrative is likely to drop about 56.1
M.
SunOpta fundamental ratios Correlations
Click cells to compare fundamentals
SunOpta Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SunOpta fundamental ratios Accounts
When determining whether SunOpta is a strong investment it is important to analyze SunOpta's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SunOpta's
future performance.
For an informed investment choice regarding SunOpta Stock, refer to the following important reports: Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SunOpta. 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.
To learn how to invest in SunOpta Stock, please use our
How to Invest in SunOpta guide.
You can also try the
Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Please note, there is a significant difference between SunOpta's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunOpta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunOpta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.