Expand Net Income vs Free Cash Flow Analysis
| EXEEW Stock | 88.45 4.63 4.97% |
Expand Energy financial indicator trend analysis is much more than just examining Expand Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Expand Energy is a good investment. Please check the relationship between Expand Energy Net Income and its Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Expand Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Expand Stock please use our How to Invest in Expand Energy guide.
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 Expand Energy Net Income account and Free Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Expand Energy's Net Income and Free Cash Flow is 0.56. 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 Expand Energy, assuming nothing else is changed. The correlation between historical values of Expand Energy'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 Expand Energy 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., Expand Energy's Net Income and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.56 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Expand Energy financial statement analysis. It represents the amount of money remaining after all of Expand Energy 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.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 Expand Stock Analysis
When running Expand Energy's price analysis, check to measure Expand Energy'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 Expand Energy is operating at the current time. Most of Expand Energy's value examination focuses on studying past and present price action to predict the probability of Expand Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Expand Energy's price. Additionally, you may evaluate how the addition of Expand Energy to your portfolios can decrease your overall portfolio volatility.