Archer Free Cash Flow Per Share vs Ptb Ratio Analysis
ACHR-WT Stock | 2.80 0.04 1.41% |
Archer Aviation financial indicator trend analysis is way more than just evaluating Archer Aviation WT prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Archer Aviation WT is a good investment. Please check the relationship between Archer Aviation Free Cash Flow Per Share and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Archer Aviation WT. 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. For more information on how to buy Archer Stock please use our How to Invest in Archer Aviation guide.
Free Cash Flow Per Share vs Ptb Ratio
Free Cash Flow Per Share vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Archer Aviation WT Free Cash Flow Per Share account and Ptb Ratio. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Archer Aviation's Free Cash Flow Per Share and Ptb Ratio is 0.89. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Archer Aviation WT, assuming nothing else is changed. The correlation between historical values of Archer Aviation's Free Cash Flow Per Share and Ptb 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 Free Cash Flow Per Share of Archer Aviation WT are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Per Share i.e., Archer Aviation's Free Cash Flow Per Share and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Thematic Opportunities
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When running Archer Aviation's price analysis, check to measure Archer Aviation'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 Archer Aviation is operating at the current time. Most of Archer Aviation's value examination focuses on studying past and present price action to predict the probability of Archer Aviation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Archer Aviation's price. Additionally, you may evaluate how the addition of Archer Aviation to your portfolios can decrease your overall portfolio volatility.