Eagle Dividend Yield vs Inventory Turnover Analysis
ECCV Stock | USD 22.89 0.06 0.26% |
Eagle Point financial indicator trend analysis is much more than just examining Eagle Point Credit latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eagle Point Credit is a good investment. Please check the relationship between Eagle Point Dividend Yield and its Inventory Turnover accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Point Credit. 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.
Dividend Yield vs Inventory Turnover
Dividend Yield vs Inventory Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eagle Point Credit Dividend Yield account and Inventory Turnover. At this time, the significance of the direction appears to have very week relationship.
The correlation between Eagle Point's Dividend Yield and Inventory Turnover is 0.22. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Eagle Point Credit, assuming nothing else is changed. The correlation between historical values of Eagle Point's Dividend Yield and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Eagle Point Credit are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Dividend Yield i.e., Eagle Point's Dividend Yield and Inventory Turnover go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Dividend Yield
Dividend Yield is Eagle Point Credit dividend as a percentage of Eagle Point stock price. Eagle Point Credit dividend yield is a measure of Eagle Point stock productivity, which can be interpreted as interest rate earned on an Eagle Point investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Thematic Opportunities
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Additional Tools for Eagle Stock Analysis
When running Eagle Point's price analysis, check to measure Eagle Point'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 Eagle Point is operating at the current time. Most of Eagle Point's value examination focuses on studying past and present price action to predict the probability of Eagle Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Point's price. Additionally, you may evaluate how the addition of Eagle Point to your portfolios can decrease your overall portfolio volatility.