Conifer Begin Period Cash Flow vs Free Cash Flow Analysis
CNFR Stock | USD 1.10 0.04 3.51% |
Conifer Holding financial indicator trend analysis is way more than just evaluating Conifer Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Conifer Holding is a good investment. Please check the relationship between Conifer Holding Begin Period Cash Flow and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Conifer Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. To learn how to invest in Conifer Stock, please use our How to Invest in Conifer Holding guide.
Begin Period Cash Flow vs Free Cash Flow
Begin Period Cash Flow vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Conifer Holding Begin Period Cash Flow account and Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Conifer Holding's Begin Period Cash Flow and Free Cash Flow is -0.19. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Conifer Holding, assuming nothing else is changed. The correlation between historical values of Conifer Holding's Begin Period Cash Flow and 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 Begin Period Cash Flow of Conifer Holding are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Begin Period Cash Flow i.e., Conifer Holding's Begin Period Cash Flow and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Most indicators from Conifer Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Conifer Holding 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 Conifer Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. To learn how to invest in Conifer Stock, please use our How to Invest in Conifer Holding guide.As of 12/11/2024, Selling General Administrative is likely to drop to about 16.7 M. In addition to that, Tax Provision is likely to grow to about (8.9 M)
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.9M | 3.0M | 3.2M | 2.0M | Depreciation And Amortization | 423K | 417K | 545K | 432.6K |
Conifer Holding fundamental ratios Correlations
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Conifer Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Conifer Holding fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 8.9M | 9.6M | 9.7M | 10.7M | 12.2M | 9.0M | |
Total Assets | 247.3M | 261.6M | 290.4M | 312.4M | 311.8M | 253.7M | |
Short Long Term Debt Total | 37.8M | 46.0M | 33.6M | 33.9M | 25.1M | 31.8M | |
Other Current Liab | (2M) | (5M) | (12.0M) | (6.1M) | 85.9M | 90.2M | |
Total Current Liabilities | 2M | 5M | 12.0M | 20.0M | 91.4M | 48.3M | |
Total Stockholder Equity | 42.7M | 44.4M | 40.5M | 19.0M | 2.9M | 2.7M | |
Other Liab | 66.8M | 67.1M | 82.4M | 106.5M | 122.5M | 69.5M | |
Net Debt | 28.4M | 32.8M | 23.7M | 5.8M | 13.9M | 16.1M | |
Retained Earnings | (49.6M) | (49.0M) | (50.1M) | (60.8M) | (86.7M) | (82.3M) | |
Accounts Payable | 10.0M | 8.7M | 12.0M | 6.1M | 5.6M | 8.1M | |
Cash | 7.5M | 8.2M | 9.9M | 28.0M | 11.1M | 14.2M | |
Non Current Assets Total | 169.7M | 183.2M | 182.7M | 111.5M | 145.3M | 122.1M | |
Non Currrent Assets Other | (169.7M) | (183.2M) | (17.1M) | (25.9M) | (145.3M) | (152.6M) | |
Other Assets | (140.6M) | (141.6M) | (143.7M) | 125.1M | 76.3M | 80.1M | |
Long Term Debt | 33.8M | 41.0M | 33.6M | 33.9M | 25.1M | 29.9M | |
Cash And Short Term Investments | 169.9M | 173.5M | 182.7M | 164.2M | 32.0M | 30.4M | |
Net Receivables | 48.2M | 46.5M | 68.7M | 112.4M | 29.4M | 51.0M | |
Common Stock Total Equity | 86.2M | 86.5M | 91.8M | 92.5M | 106.4M | 79.8M | |
Short Term Investments | 162.4M | 165.3M | 172.8M | 136.1M | 20.8M | 19.8M | |
Liabilities And Stockholders Equity | 247.3M | 261.6M | 290.4M | 312.4M | 311.8M | 253.7M | |
Non Current Liabilities Total | 33.8M | 36.0M | 33.6M | 273.4M | 106.6M | 61.7M | |
Total Liab | 204.5M | 217.2M | 249.9M | 293.4M | 308.9M | 207.6M | |
Total Current Assets | 218.1M | 220.0M | 251.4M | 75.8M | 90.2M | 154.0M | |
Accumulated Other Comprehensive Income | 489K | 912K | (2.1M) | (18.2M) | (14.5M) | (13.8M) | |
Intangible Assets | 11.9M | 12.2M | 12.3M | 10.3M | 11.8M | 10.9M | |
Common Stock | 91.8M | 92.5M | 92.7M | 97.9M | 98.1M | 86.9M | |
Net Tangible Assets | 42.7M | 44.4M | 40.5M | 19.0M | 17.1M | 16.2M | |
Other Current Assets | 66.8M | 49.6M | 8.3M | 16.4M | 28.9M | 20.5M | |
Other Stockholder Equity | 489K | 912K | (2.1M) | (18.2M) | (16.4M) | (15.6M) | |
Long Term Investments | 169.7M | 183.2M | 182.7M | 137.4M | 145.3M | 158.9M | |
Short Term Debt | 2M | 5M | 742K | 24.7M | 274K | 260.3K | |
Property Plant And Equipment Net | 154.2M | 167.0M | 1.4M | 33K | 960K | 912K | |
Retained Earnings Total Equity | (33.0M) | (41.8M) | (49.6M) | (49.0M) | (44.1M) | (46.3M) | |
Long Term Debt Total | 29.0M | 33.5M | 35.8M | 41.0M | 47.1M | 31.1M | |
Non Current Liabilities Other | 148.9M | 151.3M | 158.7M | 167.5M | 192.6M | 151.2M | |
Net Invested Capital | 78.5M | 85.4M | 74.1M | 52.8M | 22.0M | 20.9M |
Pair Trading with Conifer Holding
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 Conifer Holding 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 Conifer Holding will appreciate offsetting losses from the drop in the long position's value.Moving against Conifer Stock
The ability to find closely correlated positions to Conifer Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Conifer Holding 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 Conifer Holding - 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 Conifer Holding to buy it.
The correlation of Conifer Holding 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 Conifer Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Conifer Holding 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 Conifer Holding 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.Additional Tools for Conifer Stock Analysis
When running Conifer Holding's price analysis, check to measure Conifer Holding'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 Conifer Holding is operating at the current time. Most of Conifer Holding's value examination focuses on studying past and present price action to predict the probability of Conifer Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conifer Holding's price. Additionally, you may evaluate how the addition of Conifer Holding to your portfolios can decrease your overall portfolio volatility.