Hercules Capital financial indicator trend analysis is much more than just examining Hercules Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hercules Capital is a good investment. Please check the relationship between Hercules Capital Book Value Per Share and its Free Cash Flow Yield accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hercules Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Book Value Per Share vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hercules Capital Book Value Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have pay attention.
The correlation between Hercules Capital's Book Value Per Share and Free Cash Flow Yield is -0.73. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Hercules Capital, assuming nothing else is changed. The correlation between historical values of Hercules Capital's Book Value Per Share and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Hercules Capital are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Book Value Per Share i.e., Hercules Capital's Book Value Per Share and Free Cash Flow Yield go up and down completely randomly.
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
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.
Most indicators from Hercules Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hercules Capital 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hercules Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
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.
When running Hercules Capital's price analysis, check to measure Hercules Capital'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 Hercules Capital is operating at the current time. Most of Hercules Capital's value examination focuses on studying past and present price action to predict the probability of Hercules Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hercules Capital's price. Additionally, you may evaluate how the addition of Hercules Capital to your portfolios can decrease your overall portfolio volatility.