| ADK Stock | | | CAD 0.29 0.01 3.57% |
Diagnos financial indicator trend analysis is much more than just examining Diagnos latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diagnos is a good investment. Please check the relationship between Diagnos Free Cash Flow Yield and its Ptb Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Diagnos. 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 Ptb Ratio
Free Cash Flow Yield vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Diagnos Free Cash Flow Yield account and
Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Diagnos' Free Cash Flow Yield and Ptb Ratio is -0.19. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Diagnos, assuming nothing else is changed. The correlation between historical values of Diagnos' Free Cash Flow Yield and Ptb 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 Yield of Diagnos are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Diagnos' Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | -0.19 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
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.
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Diagnos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diagnos 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Diagnos. 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.
At this time, Diagnos'
Selling General Administrative is fairly stable compared to the past year.
Discontinued Operations is likely to climb to about 1.1
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(9.87) in 2024.
Diagnos fundamental ratios Correlations
Click cells to compare fundamentals
Diagnos Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Diagnos fundamental ratios Accounts
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Additional Tools for Diagnos Stock Analysis
When running Diagnos' price analysis, check to
measure Diagnos' 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 Diagnos is operating at the current time. Most of Diagnos' value examination focuses on studying past and present price action to
predict the probability of Diagnos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diagnos' price. Additionally, you may evaluate how the addition of Diagnos to your portfolios can decrease your overall portfolio volatility.