SST Free Cash Flow Yield vs Capex To Depreciation Analysis
| SST-WT Stock | 0.02 0 5.88% |
SST WT financial indicator trend analysis is much more than just breaking down SST WT prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SST WT is a good investment. Please check the relationship between SST WT Free Cash Flow Yield and its Capex To Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SST 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 Yield vs Capex To Depreciation
Free Cash Flow Yield vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SST WT Free Cash Flow Yield account and Capex To Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between SST WT's Free Cash Flow Yield and Capex To Depreciation is 0.75. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of SST WT, assuming nothing else is changed. The correlation between historical values of SST WT's Free Cash Flow Yield and Capex To Depreciation 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 SST WT are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Free Cash Flow Yield i.e., SST WT's Free Cash Flow Yield and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.75 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Thematic Opportunities
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