STX Stock | | | USD 99.62 0.30 0.30% |
Seagate Technology financial indicator trend analysis is much more than just breaking down Seagate Technology PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seagate Technology PLC is a good investment. Please check the relationship between Seagate Technology End Period Cash Flow and its Price Cash Flow Ratio accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Seagate Technology PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
End Period Cash Flow vs Price Cash Flow Ratio
End Period Cash Flow vs Price Cash Flow Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Seagate Technology PLC End Period Cash Flow account and
Price Cash Flow Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Seagate Technology's End Period Cash Flow and Price Cash Flow Ratio is -0.36. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Price Cash Flow Ratio in the same time period over historical financial statements of Seagate Technology PLC, assuming nothing else is changed. The correlation between historical values of Seagate Technology's End Period Cash Flow and Price Cash Flow 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 End Period Cash Flow of Seagate Technology PLC are associated (or correlated) with its Price Cash Flow Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price Cash Flow Ratio has no effect on the direction of End Period Cash Flow i.e., Seagate Technology's End Period Cash Flow and Price Cash Flow Ratio go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
End Period Cash Flow
Price Cash Flow Ratio
Most indicators from Seagate Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Seagate Technology PLC 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 Seagate Technology PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Seagate Technology's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 115.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 55.2
M in 2024.
Seagate Technology fundamental ratios Correlations
Click cells to compare fundamentals
Seagate Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Seagate Technology fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Seagate Stock Analysis
When running Seagate Technology's price analysis, check to
measure Seagate Technology'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 Seagate Technology is operating at the current time. Most of Seagate Technology's value examination focuses on studying past and present price action to
predict the probability of Seagate Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seagate Technology's price. Additionally, you may evaluate how the addition of Seagate Technology to your portfolios can decrease your overall portfolio volatility.