| FSG Stock | | | 418.00 2.00 0.48% |
Foresight Group financial indicator trend analysis is much more than just examining Foresight Group Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foresight Group Holdings is a good investment. Please check the relationship between Foresight Group Change In Working Capital and its Free Cash Flow accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foresight Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Change In Working Capital vs Free Cash Flow
Change In Working Capital vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Foresight Group Holdings Change In Working Capital account and
Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Foresight Group's Change In Working Capital and Free Cash Flow is -0.06. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Foresight Group Holdings, assuming nothing else is changed. The correlation between historical values of Foresight Group's Change In Working Capital 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 Change In Working Capital of Foresight Group Holdings 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 Change In Working Capital i.e., Foresight Group's Change In Working Capital and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.06 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
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 Foresight Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foresight Group Holdings 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 Foresight Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Tax Provision is expected to grow to about 8.3
M, whereas
Discontinued Operations is forecasted to decline to about 43.4
M.
Foresight Group fundamental ratios Correlations
Click cells to compare fundamentals
Foresight Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Foresight Group fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Foresight Stock
Balance Sheet is a snapshot of the
financial position of Foresight Group Holdings at a specified time, usually calculated after every quarter, six months, or one year. Foresight Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Foresight Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Foresight currently owns. An asset can also be divided into two categories, current and non-current.