RDW Free Cash Flow Per Share vs Price To Sales Ratio Analysis
| RDW-WT Stock | 6.49 0.09 1.37% |
RDW WT financial indicator trend analysis is much more than just breaking down RDW WT prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RDW WT is a good investment. Please check the relationship between RDW WT Free Cash Flow Per Share and its Price To Sales Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RDW WT. 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.
Free Cash Flow Per Share vs Price To Sales Ratio
Free Cash Flow Per Share vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RDW WT Free Cash Flow Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between RDW WT's Free Cash Flow Per Share and Price To Sales Ratio is -0.35. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of RDW WT, assuming nothing else is changed. The correlation between historical values of RDW WT's Free Cash Flow Per Share and Price To Sales 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 Per Share of RDW WT are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Per Share i.e., RDW WT's Free Cash Flow Per Share and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.35 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
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.Price To Sales Ratio
Price to Sales Ratio is figured by comparing RDW WT stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on RDW WT sales, a figure that is much harder to manipulate than other RDW WT multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Thematic Opportunities
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Additional Tools for RDW Stock Analysis
When running RDW WT's price analysis, check to measure RDW WT'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 RDW WT is operating at the current time. Most of RDW WT's value examination focuses on studying past and present price action to predict the probability of RDW WT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RDW WT's price. Additionally, you may evaluate how the addition of RDW WT to your portfolios can decrease your overall portfolio volatility.