Eagle Free Cash Flow Yield vs Price To Sales Ratio Analysis
| ECCX Stock | USD 24.91 0.08 0.32% |
Eagle Point financial indicator trend analysis is much more than just examining Eagle Point Credit latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eagle Point Credit is a good investment. Please check the relationship between Eagle Point Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Point Credit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Free Cash Flow Yield vs Price To Sales Ratio
Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eagle Point Credit Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Eagle Point's Free Cash Flow Yield and Price To Sales Ratio is 0.02. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Eagle Point Credit, assuming nothing else is changed. The correlation between historical values of Eagle Point's Free Cash Flow Yield and Price To Sales 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 Yield of Eagle Point Credit are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., Eagle Point's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.02 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Eagle Point Credit stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Eagle Point sales, a figure that is much harder to manipulate than other Eagle Point Credit multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Eagle Stock Analysis
When running Eagle Point's price analysis, check to measure Eagle Point'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 Eagle Point is operating at the current time. Most of Eagle Point's value examination focuses on studying past and present price action to predict the probability of Eagle Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Point's price. Additionally, you may evaluate how the addition of Eagle Point to your portfolios can decrease your overall portfolio volatility.