0KZA Stock | | | 40.34 0.22 0.54% |
SM Energy financial indicator trend analysis is much more than just breaking down SM Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SM Energy is a good investment. Please check the relationship between SM Energy Change To Inventory and its End Period Cash Flow accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in SM Energy Co. 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.
Change To Inventory vs End Period Cash Flow
Change To Inventory vs End Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SM Energy Change To Inventory account and
End Period Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between SM Energy's Change To Inventory and End Period Cash Flow is -0.78. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of SM Energy Co, assuming nothing else is changed. The correlation between historical values of SM Energy's Change To Inventory and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of SM Energy Co are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Change To Inventory i.e., SM Energy's Change To Inventory and End Period Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
End Period Cash Flow
Most indicators from SM Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SM Energy 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in SM Energy Co. 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.
Selling General Administrative is likely to drop to about 96.3
M in 2024.
Tax Provision is likely to drop to about (231.9
M) in 2024
SM Energy fundamental ratios Correlations
Click cells to compare fundamentals
SM Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SM Energy fundamental ratios Accounts
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Additional Tools for 0KZA Stock Analysis
When running SM Energy's price analysis, check to
measure SM Energy'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 SM Energy is operating at the current time. Most of SM Energy's value examination focuses on studying past and present price action to
predict the probability of SM Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SM Energy's price. Additionally, you may evaluate how the addition of SM Energy to your portfolios can decrease your overall portfolio volatility.