| NCI Stock | | | CAD 1.57 0.02 1.29% |
NTG Clarity financial indicator trend analysis is infinitely more than just investigating NTG Clarity Networks recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NTG Clarity Networks is a good investment. Please check the relationship between NTG Clarity Days Sales Outstanding and its Free Cash Flow Yield accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NTG Clarity Networks. 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.
Days Sales Outstanding vs Free Cash Flow Yield
Days Sales Outstanding vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NTG Clarity Networks Days Sales Outstanding account and
Free Cash Flow Yield. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between NTG Clarity's Days Sales Outstanding and Free Cash Flow Yield is -0.62. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of NTG Clarity Networks, assuming nothing else is changed. The correlation between historical values of NTG Clarity's Days Sales Outstanding 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 Days Sales Outstanding of NTG Clarity Networks 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 Days Sales Outstanding i.e., NTG Clarity's Days Sales Outstanding and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | -0.62 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Days Sales Outstanding
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 NTG Clarity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NTG Clarity Networks 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 NTG Clarity Networks. 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.
Sales General And Administrative To Revenue is likely to climb to 0.18 in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.7
M in 2024.
NTG Clarity fundamental ratios Correlations
Click cells to compare fundamentals
NTG Clarity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NTG Clarity fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for NTG Stock Analysis
When running NTG Clarity's price analysis, check to
measure NTG Clarity'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 NTG Clarity is operating at the current time. Most of NTG Clarity's value examination focuses on studying past and present price action to
predict the probability of NTG Clarity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NTG Clarity's price. Additionally, you may evaluate how the addition of NTG Clarity to your portfolios can decrease your overall portfolio volatility.