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Logility Supply financial indicator trend analysis is infinitely more than just investigating Logility Supply Chain recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Logility Supply Chain is a good investment. Please check the relationship between Logility Supply Free Cash Flow Yield and its Cash Ratio accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logility Supply Chain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Free Cash Flow Yield vs Cash Ratio
Free Cash Flow Yield vs Cash Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Logility Supply Chain Free Cash Flow Yield account and
Cash Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Logility Supply's Free Cash Flow Yield and Cash Ratio is -0.22. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Cash Ratio in the same time period over historical financial statements of Logility Supply Chain, assuming nothing else is changed. The correlation between historical values of Logility Supply's Free Cash Flow Yield and Cash 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 Logility Supply Chain are associated (or correlated) with its Cash Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Ratio has no effect on the direction of Free Cash Flow Yield i.e., Logility Supply's Free Cash Flow Yield and Cash Ratio go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
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.
Cash Ratio
Most indicators from Logility Supply's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Logility Supply Chain 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logility Supply Chain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Selling General Administrative is expected to grow to about 23.7
M this year, although
Tax Provision will most likely decline.
Logility Supply fundamental ratios Correlations
Click cells to compare fundamentals
Logility Supply Account Relationship Matchups
High Positive Relationship
High Negative Relationship