| VRMEW Stock | | | USD 0.03 0.01 24.00% |
VerifyMe financial indicator trend analysis is much more than just breaking down VerifyMe prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VerifyMe is a good investment. Please check the relationship between VerifyMe Free Cash Flow and its Capital Expenditures accounts. Check out
World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Free Cash Flow vs Capital Expenditures
Free Cash Flow vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
VerifyMe Free Cash Flow account and
Capital Expenditures. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between VerifyMe's Free Cash Flow and Capital Expenditures is -0.59. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of VerifyMe, assuming nothing else is changed. The correlation between historical values of VerifyMe's Free Cash Flow and Capital Expenditures 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 VerifyMe are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Free Cash Flow i.e., VerifyMe's Free Cash Flow and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.59 |
| 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.
Capital Expenditures
Capital Expenditures are funds used by VerifyMe to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of VerifyMe operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from VerifyMe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VerifyMe 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Selling General Administrative is likely to climb to about 10.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 76
K in 2024.
VerifyMe fundamental ratios Correlations
Click cells to compare fundamentals
VerifyMe Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VerifyMe fundamental ratios Accounts
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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 VerifyMe Stock Analysis
When running VerifyMe's price analysis, check to
measure VerifyMe'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 VerifyMe is operating at the current time. Most of VerifyMe's value examination focuses on studying past and present price action to
predict the probability of VerifyMe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VerifyMe's price. Additionally, you may evaluate how the addition of VerifyMe to your portfolios can decrease your overall portfolio volatility.