HeartCore Ev To Free Cash Flow from 2010 to 2024

HTCR Stock  USD 1.69  0.06  3.68%   
HeartCore Enterprises EV To Free Cash Flow yearly trend continues to be relatively stable with very little volatility. EV To Free Cash Flow is likely to grow to -3.31 this year. EV To Free Cash Flow is a valuation metric comparing HeartCore Enterprises' enterprise value to its free cash flow, used to evaluate whether HeartCore Enterprises is undervalued or overvalued. View All Fundamentals
 
EV To Free Cash Flow  
First Reported
2010-12-31
Previous Quarter
(3.48)
Current Value
(3.31)
Quarterly Volatility
104.48093564
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HeartCore Enterprises financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HeartCore Enterprises' main balance sheet or income statement drivers, such as Tax Provision of 91.5 K, Interest Income of 104.3 K or Depreciation And Amortization of 717.2 K, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0 or PTB Ratio of 2.65. HeartCore financial statements analysis is a perfect complement when working with HeartCore Enterprises Valuation or Volatility modules.
  
Check out the analysis of HeartCore Enterprises Correlation against competitors.
To learn how to invest in HeartCore Stock, please use our How to Invest in HeartCore Enterprises guide.

Latest HeartCore Enterprises' Ev To Free Cash Flow Growth Pattern

Below is the plot of the Ev To Free Cash Flow of HeartCore Enterprises over the last few years. It is a valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued. HeartCore Enterprises' EV To Free Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in HeartCore Enterprises' overall financial position and show how it may be relating to other accounts over time.
Ev To Free Cash Flow10 Years Trend
Slightly volatile
   Ev To Free Cash Flow   
       Timeline  

HeartCore Ev To Free Cash Flow Regression Statistics

Arithmetic Mean(77.68)
Coefficient Of Variation(134.50)
Mean Deviation87.37
Median(143.21)
Standard Deviation104.48
Sample Variance10,916
Range284
R-Value0.69
Mean Square Error6,225
R-Squared0.47
Significance0
Slope16.03
Total Sum of Squares152,828

HeartCore Ev To Free Cash Flow History

2024 -3.31
2023 -3.48
2022 -2.76
2021 135.47
2020 140.97

About HeartCore Enterprises Financial Statements

HeartCore Enterprises shareholders use historical fundamental indicators, such as Ev To Free Cash Flow, to determine how well the company is positioned to perform in the future. Although HeartCore Enterprises investors may analyze each financial statement separately, they are all interrelated. The changes in HeartCore Enterprises' assets and liabilities, for example, are also reflected in the revenues and expenses on on HeartCore Enterprises' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
EV To Free Cash Flow(3.48)(3.31)

Pair Trading with HeartCore Enterprises

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if HeartCore Enterprises position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in HeartCore Enterprises will appreciate offsetting losses from the drop in the long position's value.

Moving together with HeartCore Stock

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Moving against HeartCore Stock

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The ability to find closely correlated positions to HeartCore Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HeartCore Enterprises when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back HeartCore Enterprises - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling HeartCore Enterprises to buy it.
The correlation of HeartCore Enterprises is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as HeartCore Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HeartCore Enterprises moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for HeartCore Enterprises can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for HeartCore Stock Analysis

When running HeartCore Enterprises' price analysis, check to measure HeartCore Enterprises' 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 HeartCore Enterprises is operating at the current time. Most of HeartCore Enterprises' value examination focuses on studying past and present price action to predict the probability of HeartCore Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HeartCore Enterprises' price. Additionally, you may evaluate how the addition of HeartCore Enterprises to your portfolios can decrease your overall portfolio volatility.