Brompton End Period Cash Flow vs Free Cash Flow Analysis
| ESP Stock | CAD 6.11 0.09 1.50% |
Brompton Energy financial indicator trend analysis is way more than just evaluating Brompton Energy Split prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brompton Energy Split is a good investment. Please check the relationship between Brompton Energy End Period Cash Flow and its Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Brompton Energy Split. 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.
End Period Cash Flow vs Free Cash Flow
End Period Cash Flow vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brompton Energy Split End Period Cash Flow account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Brompton Energy's End Period Cash Flow and Free Cash Flow is -0.44. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Brompton Energy Split, assuming nothing else is changed. The correlation between historical values of Brompton Energy's End Period Cash Flow 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 End Period Cash Flow of Brompton Energy Split 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 End Period Cash Flow i.e., Brompton Energy's End Period Cash Flow and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.44 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
End Period Cash Flow
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 Brompton Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brompton Energy Split 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Brompton Energy Split. 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. As of the 22nd of December 2024, Selling General Administrative is likely to drop to about 187.7 K
Brompton Energy fundamental ratios Correlations
| 0.67 | 0.68 | -0.82 | 0.95 | 1.0 | ||
| 0.67 | 0.12 | -0.87 | 0.64 | 0.67 | ||
| 0.68 | 0.12 | -0.55 | 0.53 | 0.67 | ||
| -0.82 | -0.87 | -0.55 | -0.75 | -0.82 | ||
| 0.95 | 0.64 | 0.53 | -0.75 | 0.96 | ||
| 1.0 | 0.67 | 0.67 | -0.82 | 0.96 |
Click cells to compare fundamentals
Brompton Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Brompton Energy
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 Brompton Energy 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 Brompton Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Brompton Stock
| 0.82 | DAY | Dayforce | PairCorr |
| 0.9 | DSG | Descartes Systems | PairCorr |
| 0.82 | TCS | TECSYS Inc | PairCorr |
| 0.9 | IMP | Intermap Technologies | PairCorr |
Moving against Brompton Stock
The ability to find closely correlated positions to Brompton Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brompton Energy 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 Brompton Energy - 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 Brompton Energy Split to buy it.
The correlation of Brompton Energy 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 Brompton Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brompton Energy Split 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 Brompton Energy 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.Other Information on Investing in Brompton Stock
Balance Sheet is a snapshot of the financial position of Brompton Energy Split at a specified time, usually calculated after every quarter, six months, or one year. Brompton Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Brompton Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Brompton currently owns. An asset can also be divided into two categories, current and non-current.