ZOOZ Free Cash Flow Yield vs Average Inventory Analysis
ZOOZ Stock | 2.90 0.09 3.01% |
ZOOZ Power financial indicator trend analysis is more than just analyzing ZOOZ Power current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZOOZ Power is a good investment. Please check the relationship between ZOOZ Power Free Cash Flow Yield and its Average Inventory accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZOOZ Power Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Free Cash Flow Yield vs Average Inventory
Free Cash Flow Yield vs Average Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZOOZ Power Free Cash Flow Yield account and Average Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between ZOOZ Power's Free Cash Flow Yield and Average Inventory is -0.62. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Average Inventory in the same time period over historical financial statements of ZOOZ Power Ltd, assuming nothing else is changed. The correlation between historical values of ZOOZ Power's Free Cash Flow Yield and Average Inventory 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 Yield of ZOOZ Power Ltd are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Free Cash Flow Yield i.e., ZOOZ Power's Free Cash Flow Yield and Average Inventory go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Most indicators from ZOOZ Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZOOZ Power 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZOOZ Power Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. Enterprise Value is likely to rise to about 47.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 10.3M | 10.9M | 11.3M | 10.4M | Cost Of Revenue | 105.2K | 605.6K | 1.9M | 2.0M |
ZOOZ Power fundamental ratios Correlations
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ZOOZ Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running ZOOZ Power's price analysis, check to measure ZOOZ Power'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 ZOOZ Power is operating at the current time. Most of ZOOZ Power's value examination focuses on studying past and present price action to predict the probability of ZOOZ Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZOOZ Power's price. Additionally, you may evaluate how the addition of ZOOZ Power to your portfolios can decrease your overall portfolio volatility.