UFCS Stock | | | USD 28.45 0.08 0.28% |
United Fire financial indicator trend analysis is much more than just breaking down United Fire Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Fire Group is a good investment. Please check the relationship between United Fire Free Cash Flow and its Ev To Free Cash Flow accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in United Fire Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Free Cash Flow vs Ev To Free Cash Flow
Free Cash Flow vs Ev To Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
United Fire Group Free Cash Flow account and
Ev To Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.
The correlation between United Fire's Free Cash Flow and Ev To Free Cash Flow is 0.25. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Ev To Free Cash Flow in the same time period over historical financial statements of United Fire Group, assuming nothing else is changed. The correlation between historical values of United Fire's Free Cash Flow and Ev To Free Cash Flow 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 of United Fire Group are associated (or correlated) with its Ev To Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Free Cash Flow has no effect on the direction of Free Cash Flow i.e., United Fire's Free Cash Flow and Ev To Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.
Most indicators from United Fire's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Fire Group 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
World Market Map to better understand how to build diversified portfolios, which includes a position in United Fire Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Discontinued Operations is expected to grow to about 30.7
M this year, despite the fact that
Tax Provision is likely to grow to (11.4
M).
United Fire fundamental ratios Correlations
Click cells to compare fundamentals
United Fire Account Relationship Matchups
High Positive Relationship
High Negative Relationship
United Fire fundamental ratios Accounts