FOBI Stock | | | 0.04 0.00 0.00% |
Fobi AI financial indicator trend analysis is much more than just examining Fobi AI latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fobi AI is a good investment. Please check the relationship between Fobi AI Ptb Ratio and its Free Cash Flow Yield accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fobi AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Ptb Ratio vs Free Cash Flow Yield
Ptb Ratio vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fobi AI Ptb Ratio account and
Free Cash Flow Yield. At this time, the significance of the direction appears to have no relationship.
The correlation between Fobi AI's Ptb Ratio and Free Cash Flow Yield is 0.01. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Fobi AI, assuming nothing else is changed. The correlation between historical values of Fobi AI's Ptb Ratio 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 Ptb Ratio of Fobi AI 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 Ptb Ratio i.e., Fobi AI's Ptb Ratio and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.01 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.
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 Fobi AI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fobi AI 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fobi AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
At this time, Fobi AI's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 3
M in 2024, whereas
Tax Provision is likely to drop (67.4
K) in 2024.
Fobi AI fundamental ratios Correlations
Click cells to compare fundamentals
Fobi AI Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fobi AI fundamental ratios Accounts
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Additional Tools for Fobi Stock Analysis
When running Fobi AI's price analysis, check to
measure Fobi AI'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 Fobi AI is operating at the current time. Most of Fobi AI's value examination focuses on studying past and present price action to
predict the probability of Fobi AI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fobi AI's price. Additionally, you may evaluate how the addition of Fobi AI to your portfolios can decrease your overall portfolio volatility.