MOON Stock | | | CAD 0.36 0.00 0.00% |
Blue Moon financial indicator trend analysis is way more than just evaluating Blue Moon Zinc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Moon Zinc is a good investment. Please check the relationship between Blue Moon Earnings Yield and its Free Cash Flow Yield accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Blue Moon Zinc. 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.
Earnings Yield vs Free Cash Flow Yield
Earnings Yield vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blue Moon Zinc Earnings Yield account and
Free Cash Flow Yield. At this time, the significance of the direction appears to have strong relationship.
The correlation between Blue Moon's Earnings Yield and Free Cash Flow Yield is 0.68. Overlapping area represents the amount of variation of Earnings Yield that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Blue Moon Zinc, assuming nothing else is changed. The correlation between historical values of Blue Moon's Earnings Yield 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 Earnings Yield of Blue Moon Zinc 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 Earnings Yield i.e., Blue Moon's Earnings Yield and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Earnings Yield
The inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company.
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 Blue Moon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Moon Zinc 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 Blue Moon Zinc. 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.
Selling General Administrative is likely to climb to about 278.3
K in 2024, despite the fact that
Discontinued Operations is likely to grow to (56.4
K).
Blue Moon fundamental ratios Correlations
Click cells to compare fundamentals
Blue Moon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blue Moon fundamental ratios Accounts
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Additional Tools for Blue Stock Analysis
When running Blue Moon's price analysis, check to
measure Blue Moon'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 Blue Moon is operating at the current time. Most of Blue Moon's value examination focuses on studying past and present price action to
predict the probability of Blue Moon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Moon's price. Additionally, you may evaluate how the addition of Blue Moon to your portfolios can decrease your overall portfolio volatility.