Homerun Roic vs Free Cash Flow Per Share Analysis
| HMR Stock | 1.25 0.02 1.57% |
Homerun Resources financial indicator trend analysis is much more than just examining Homerun Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Homerun Resources is a good investment. Please check the relationship between Homerun Resources Roic and its Free Cash Flow Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Homerun Resources. 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.
Roic vs Free Cash Flow Per Share
Roic 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 Homerun Resources Roic account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have no relationship.
The correlation between Homerun Resources' Roic and Free Cash Flow Per Share is 0.02. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Homerun Resources, assuming nothing else is changed. The correlation between historical values of Homerun Resources' Roic 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 Roic of Homerun Resources 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 Roic i.e., Homerun Resources' Roic and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.02 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.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 Homerun Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Homerun Resources 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 Homerun Resources. 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. Enterprise Value is likely to climb to about 26.5 M in 2025, whereas Selling General Administrative is likely to drop slightly above 610.5 K in 2025.
Homerun Resources fundamental ratios Correlations
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Homerun Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Homerun Stock Analysis
When running Homerun Resources' price analysis, check to measure Homerun Resources' 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 Homerun Resources is operating at the current time. Most of Homerun Resources' value examination focuses on studying past and present price action to predict the probability of Homerun Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Homerun Resources' price. Additionally, you may evaluate how the addition of Homerun Resources to your portfolios can decrease your overall portfolio volatility.