ClearSign Price Cash Flow Ratio vs Free Cash Flow Per Share Analysis

CLIR Stock  USD 1.22  0.11  9.91%   
ClearSign Combustion financial indicator trend analysis is way more than just evaluating ClearSign Combustion prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ClearSign Combustion is a good investment. Please check the relationship between ClearSign Combustion Price Cash Flow Ratio and its Free Cash Flow Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ClearSign Combustion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in ClearSign Stock, please use our How to Invest in ClearSign Combustion guide.

Price Cash Flow Ratio vs Free Cash Flow Per Share

Price Cash Flow Ratio vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ClearSign Combustion Price Cash Flow Ratio account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ClearSign Combustion's Price Cash Flow Ratio and Free Cash Flow Per Share is -0.32. Overlapping area represents the amount of variation of Price Cash Flow Ratio that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of ClearSign Combustion, assuming nothing else is changed. The correlation between historical values of ClearSign Combustion's Price Cash Flow Ratio and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price Cash Flow Ratio of ClearSign Combustion are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Price Cash Flow Ratio i.e., ClearSign Combustion's Price Cash Flow Ratio and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price Cash Flow Ratio

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.
Most indicators from ClearSign Combustion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ClearSign Combustion 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 ClearSign Combustion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in ClearSign Stock, please use our How to Invest in ClearSign Combustion guide.As of 12/29/2024, Enterprise Value is likely to grow to about 46.1 M, while Selling General Administrative is likely to drop slightly above 5 M.
 2021 2023 2024 (projected)
Net Interest Income1K285K299.3K
Interest Income1K900.0855.0

ClearSign Combustion fundamental ratios Correlations

0.390.390.990.44-0.91-0.480.50.910.470.990.580.470.620.430.260.990.480.340.430.40.5-0.390.170.30.5
0.390.720.34-0.15-0.13-0.020.410.110.690.290.05-0.020.080.6-0.220.30.050.1-0.09-0.030.42-0.34-0.220.04-0.21
0.390.720.290.07-0.22-0.530.440.230.560.280.480.460.560.950.20.310.490.460.330.050.74-0.65-0.060.34-0.07
0.990.340.290.43-0.92-0.430.470.920.420.990.530.420.570.330.240.990.430.290.390.390.42-0.330.170.250.5
0.44-0.150.070.43-0.39-0.490.430.420.260.420.630.450.540.250.490.430.490.250.870.490.3-0.330.130.240.56
-0.91-0.13-0.22-0.92-0.390.43-0.3-1.0-0.35-0.92-0.52-0.46-0.54-0.28-0.31-0.91-0.44-0.13-0.39-0.45-0.380.4-0.24-0.34-0.46
-0.48-0.02-0.53-0.43-0.490.43-0.2-0.45-0.14-0.46-0.96-0.98-0.94-0.66-0.82-0.49-0.95-0.65-0.7-0.12-0.80.7-0.21-0.48-0.45
0.50.410.440.470.43-0.3-0.20.320.460.440.290.110.260.44-0.160.450.160.520.240.20.37-0.080.010.230.04
0.910.110.230.920.42-1.0-0.450.320.350.920.530.460.580.30.310.920.440.180.420.480.4-0.380.270.370.51
0.470.690.560.420.26-0.35-0.140.460.350.330.150.060.220.59-0.10.320.060.050.120.60.59-0.420.040.570.24
0.990.290.280.990.42-0.92-0.460.440.920.330.560.460.590.320.281.00.480.310.410.320.4-0.330.170.210.48
0.580.050.480.530.63-0.52-0.960.290.530.150.560.960.90.610.810.590.970.570.790.120.73-0.710.220.390.43
0.47-0.020.460.420.45-0.46-0.980.110.460.060.460.960.880.570.860.490.980.540.680.030.73-0.730.160.390.36
0.620.080.560.570.54-0.54-0.940.260.580.220.590.90.880.690.710.630.850.660.740.290.77-0.580.250.50.61
0.430.60.950.330.25-0.28-0.660.440.30.590.320.610.570.690.310.350.590.490.470.20.85-0.680.110.540.12
0.26-0.220.20.240.49-0.31-0.82-0.160.31-0.10.280.810.860.710.310.30.840.30.7-0.020.49-0.64-0.10.170.38
0.990.30.310.990.43-0.91-0.490.450.920.321.00.590.490.630.350.30.510.350.430.320.43-0.350.180.220.49
0.480.050.490.430.49-0.44-0.950.160.440.060.480.970.980.850.590.840.510.530.73-0.030.7-0.760.130.290.27
0.340.10.460.290.25-0.13-0.650.520.180.050.310.570.540.660.490.30.350.530.320.020.54-0.170.220.320.35
0.43-0.090.330.390.87-0.39-0.70.240.420.120.410.790.680.740.470.70.430.730.320.290.41-0.560.050.170.43
0.4-0.030.050.390.49-0.45-0.120.20.480.60.320.120.030.290.2-0.020.32-0.030.020.290.28-0.180.390.660.69
0.50.420.740.420.3-0.38-0.80.370.40.590.40.730.730.770.850.490.430.70.540.410.28-0.680.130.740.36
-0.39-0.34-0.65-0.33-0.330.40.7-0.08-0.38-0.42-0.33-0.71-0.73-0.58-0.68-0.64-0.35-0.76-0.17-0.56-0.18-0.680.01-0.33-0.07
0.17-0.22-0.060.170.13-0.24-0.210.010.270.040.170.220.160.250.11-0.10.180.130.220.050.390.130.010.460.45
0.30.040.340.250.24-0.34-0.480.230.370.570.210.390.390.50.540.170.220.290.320.170.660.74-0.330.460.52
0.5-0.21-0.070.50.56-0.46-0.450.040.510.240.480.430.360.610.120.380.490.270.350.430.690.36-0.070.450.52
Click cells to compare fundamentals

ClearSign Combustion Account Relationship Matchups

ClearSign Combustion fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.9M11.1M9.4M10.9M7.6M8.1M
Other Current Liab226K236K13K338K813K591.3K
Total Current Liabilities1.3M1.1M731K1.1M2.3M1.2M
Total Stockholder Equity9.2M9.5M8.3M9.6M5.2M6.7M
Net Debt(8.0M)(8.2M)(7.1M)(6.1M)(5.5M)(5.8M)
Retained Earnings(68.0M)(74.9M)(82.8M)(88.5M)(93.7M)(89.0M)
Accounts Payable845K435K224K296K256K444.5K
Cash8.6M8.8M7.6M6.5M5.7M5.4M
Non Current Assets Total2.0M1.7M1.3M1.2M1.1M1.7M
Cash And Short Term Investments8.6M8.8M7.6M9.1M5.7M6.1M
Common Stock Shares Outstanding26.7M27.8M31.2M35.3M38.5M40.4M
Liabilities And Stockholders Equity10.9M11.1M9.4M10.9M7.6M8.1M
Other Stockholder Equity77.2M84.4M91.0M98.1M98.9M53.9M
Total Liab1.7M1.6M1.1M1.4M2.4M1.4M
Total Current Assets9.0M9.4M8.0M9.7M6.5M6.5M
Accumulated Other Comprehensive Income(1.4M)(1.6M)9K(8K)(17K)(17.9K)
Other Current Assets391K466K345K577K350K353.6K
Property Plant Equipment457K665K416K530K609.5K379.7K
Short Long Term Debt Total595K669K555K359K172K163.4K
Non Current Liabilities Total418K500K350K226K172K256.1K
Short Term Debt177K338K410K266K71K67.5K
Intangible Assets1.3M1.3M799K798K836K1.1M
Retained Earnings Total Equity(50.0M)(59.5M)(68.0M)(74.9M)(67.4M)(64.0M)
Net Tangible Assets15.2M7.9M8.2M7.5M8.6M6.4M
Capital Surpluse52.4M76.4M77.2M84.4M97.1M57.3M
Current Deferred Revenue50K94K84K247K1.1M1.2M
Long Term Debt Total195K91K418K251K288.7K287.8K

Pair Trading with ClearSign Combustion

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 ClearSign Combustion 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 ClearSign Combustion will appreciate offsetting losses from the drop in the long position's value.

Moving together with ClearSign Stock

  0.87KN Knowles CorPairCorr
  0.82UI Ubiquiti NetworksPairCorr

Moving against ClearSign Stock

  0.93VRME VerifyMePairCorr
  0.85VISL Vislink TechnologiesPairCorr
  0.75DM Desktop MetalPairCorr
  0.51FN FabrinetPairCorr
  0.49VSAT ViaSat IncPairCorr
The ability to find closely correlated positions to ClearSign Combustion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ClearSign Combustion 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 ClearSign Combustion - 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 ClearSign Combustion to buy it.
The correlation of ClearSign Combustion 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 ClearSign Combustion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ClearSign Combustion 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 ClearSign Combustion 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 ClearSign Stock Analysis

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