| AMS Stock | | | USD 3.32 0.01 0.30% |
American Shared financial indicator trend analysis is way more than just evaluating American Shared Hospital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Shared Hospital is a good investment. Please check the relationship between American Shared Net Income and its Free Cash Flow accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in American Shared Hospital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Net Income vs Free Cash Flow
Net Income vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
American Shared Hospital Net Income account and
Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between American Shared's Net Income and Free Cash Flow is -0.24. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of American Shared Hospital, assuming nothing else is changed. The correlation between historical values of American Shared's Net Income and Free 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 Net Income of American Shared Hospital are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Income i.e., American Shared's Net Income and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.24 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in American Shared Hospital financial statement analysis. It represents the amount of money remaining after all of American Shared Hospital operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from American Shared's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Shared Hospital 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 American Shared Hospital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
At this time, American Shared's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.26 in 2024, whereas
Selling General Administrative is likely to drop slightly above 4
M in 2024.
American Shared fundamental ratios Correlations
Click cells to compare fundamentals
American Shared Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Shared fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for American Stock Analysis
When running American Shared's price analysis, check to
measure American Shared'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 American Shared is operating at the current time. Most of American Shared's value examination focuses on studying past and present price action to
predict the probability of American Shared's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Shared's price. Additionally, you may evaluate how the addition of American Shared to your portfolios can decrease your overall portfolio volatility.