VeriSign Ev To Free Cash Flow vs Free Cash Flow Yield Analysis
VRSN Stock | USD 203.95 1.22 0.60% |
VeriSign financial indicator trend analysis is much more than just breaking down VeriSign prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VeriSign is a good investment. Please check the relationship between VeriSign Ev To Free Cash Flow and its Free Cash Flow Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VeriSign. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in VeriSign Stock, please use our How to Invest in VeriSign guide.
Ev To Free Cash Flow vs Free Cash Flow Yield
Ev To Free Cash Flow vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VeriSign Ev To Free Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.
The correlation between VeriSign's Ev To Free Cash Flow and Free Cash Flow Yield is 0.32. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of VeriSign, assuming nothing else is changed. The correlation between historical values of VeriSign's Ev To Free Cash Flow 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 Ev To Free Cash Flow of VeriSign 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 Ev To Free Cash Flow i.e., VeriSign's Ev To Free Cash Flow and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.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 VeriSign's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VeriSign 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 VeriSign. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in VeriSign Stock, please use our How to Invest in VeriSign guide.As of the 30th of December 2024, Selling General Administrative is likely to drop to about 192.4 M. In addition to that, Discontinued Operations is likely to drop to about 3.7 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 1.2B | 1.3B | 843.3M | Total Revenue | 1.3B | 1.4B | 1.5B | 1.1B |
VeriSign fundamental ratios Correlations
Click cells to compare fundamentals
VeriSign Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VeriSign fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 1.8B | 2.0B | 1.7B | 1.7B | 2.4B | |
Other Current Liab | 189.1M | 169.1M | 190.8M | 211.2M | 190.3M | 240.8M | |
Total Current Liabilities | 965.2M | 988.7M | 1.1B | 1.1B | 1.2B | 1.1B | |
Total Stockholder Equity | (1.5B) | (1.4B) | (1.3B) | (1.6B) | (1.6B) | (1.5B) | |
Property Plant And Equipment Net | 250.3M | 245.6M | 251.2M | 232M | 240.6M | 248.0M | |
Net Debt | 1.3B | 1.4B | 1.6B | 1.4B | 1.6B | 1.6B | |
Retained Earnings | (16.5B) | (15.7B) | (14.9B) | (14.2B) | (13.4B) | (14.1B) | |
Accounts Payable | 16.2M | 12.3M | 9M | 9.8M | 12.5M | 11.9M | |
Cash | 508.2M | 401.2M | 223.5M | 373.6M | 240.1M | 228.1M | |
Non Current Assets Total | 575.4M | 549.0M | 715.0M | 694.7M | 760.7M | 1.3B | |
Non Currrent Assets Other | 23.5M | 27.6M | 30.2M | 25.2M | 21.6M | 42.0M | |
Cash And Short Term Investments | 1.2B | 1.2B | 1.2B | 980.4M | 926.4M | 1.2B | |
Net Receivables | 17.4M | 8.2M | 13.0M | 8.1M | 13.6M | 12.9M | |
Common Stock Shares Outstanding | 119.0M | 115.3M | 112.2M | 108M | 103.5M | 129.6M | |
Liabilities And Stockholders Equity | 1.9B | 1.8B | 2.0B | 1.7B | 1.7B | 2.4B | |
Other Current Assets | 60.5M | 42.8M | 50.0M | 58.3M | 48.3M | 51.9M | |
Other Stockholder Equity | 15.0B | (2.8M) | (1.0) | (2.7M) | (2.4M) | (2.3M) | |
Total Liab | 3.3B | 3.2B | 3.2B | 3.3B | 3.3B | 2.3B | |
Total Current Assets | 1.3B | 1.2B | 1.3B | 1.0B | 988.3M | 1.4B | |
Property Plant And Equipment Gross | 259.4M | 245.6M | 251.2M | 232M | 744.3M | 781.5M | |
Accumulated Other Comprehensive Income | (2.6M) | (2.8M) | (2.8M) | (2.7M) | (2.6M) | (2.7M) | |
Current Deferred Revenue | 755.2M | 780.1M | 847.4M | 890.4M | 931.1M | 635.1M | |
Common Stock Total Equity | 353K | 14.3B | 13.6B | 12.6B | 14.5B | 15.3B | |
Short Term Investments | 709.9M | 765.7M | 982.3M | 606.8M | 686.3M | 762.1M | |
Short Term Debt | 627.6M | 19.0M | 4.6M | 5.5M | 5.1M | 4.8M | |
Common Stock | 353K | 14.3B | 13.6B | 12.6B | 11.8B | 12.4B | |
Other Liab | 586.8M | 378.3M | 384.6M | 389.2M | 447.6M | 371.4M | |
Other Assets | 263.5M | 250.9M | 411.3M | 403M | 463.5M | 486.6M | |
Non Current Liabilities Total | 2.4B | 2.2B | 2.2B | 2.2B | 2.1B | 1.4B | |
Property Plant Equipment | 250.3M | 245.6M | 251.2M | 232M | 208.8M | 292.7M | |
Long Term Debt | 1.8B | 1.8B | 1.8B | 1.8B | 1.8B | 1.3B | |
Short Long Term Debt Total | 1.8B | 1.8B | 1.8B | 1.8B | 1.8B | 1.4B | |
Inventory | (10.5M) | (17.4M) | (8.2M) | (13.0M) | (8.1M) | 0.95 | |
Net Tangible Assets | (1.5B) | (1.4B) | (1.3B) | (1.6B) | (1.5B) | (1.4B) | |
Retained Earnings Total Equity | (16.5B) | (15.7B) | (14.9B) | (14.2B) | (16.3B) | (17.2B) | |
Long Term Debt Total | 1.8B | 1.8B | 1.8B | 1.8B | 2.1B | 1.4B | |
Deferred Long Term Liab | 278.7M | 282.8M | 306.0M | 328.7M | 295.8M | 323.6M |
Pair Trading with VeriSign
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VeriSign position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VeriSign will appreciate offsetting losses from the drop in the long position's value.Moving together with VeriSign Stock
Moving against VeriSign Stock
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0.45 | FAASW | DigiAsia Corp Symbol Change | PairCorr |
0.42 | DTSS | Datasea | PairCorr |
The ability to find closely correlated positions to VeriSign could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VeriSign when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VeriSign - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VeriSign to buy it.
The correlation of VeriSign is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VeriSign moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VeriSign moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VeriSign can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VeriSign. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in VeriSign Stock, please use our How to Invest in VeriSign guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VeriSign. If investors know VeriSign will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VeriSign listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.131 | Earnings Share 8.59 | Revenue Per Share 15.467 | Quarterly Revenue Growth 0.038 | Return On Assets 0.4159 |
The market value of VeriSign is measured differently than its book value, which is the value of VeriSign that is recorded on the company's balance sheet. Investors also form their own opinion of VeriSign's value that differs from its market value or its book value, called intrinsic value, which is VeriSign's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VeriSign's market value can be influenced by many factors that don't directly affect VeriSign's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VeriSign's value and its price as these two are different measures arrived at by different means. Investors typically determine if VeriSign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VeriSign's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.