HighPeak Free Cash Flow Yield vs Price To Sales Ratio Analysis

HPKEW Stock  USD 3.99  0.21  5.00%   
HighPeak Energy financial indicator trend analysis is much more than just examining HighPeak Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HighPeak Energy is a good investment. Please check the relationship between HighPeak Energy Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HighPeak Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy HighPeak Stock please use our How to Invest in HighPeak Energy guide.

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HighPeak Energy Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have very strong relationship.
The correlation between HighPeak Energy's Free Cash Flow Yield and Price To Sales Ratio is 0.81. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of HighPeak Energy, assuming nothing else is changed. The correlation between historical values of HighPeak Energy's Free Cash Flow Yield and Price To Sales 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 HighPeak Energy are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., HighPeak Energy's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing HighPeak Energy stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on HighPeak Energy sales, a figure that is much harder to manipulate than other HighPeak Energy multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from HighPeak Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HighPeak Energy 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HighPeak Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy HighPeak Stock please use our How to Invest in HighPeak Energy guide.At this time, HighPeak Energy's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 163.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue220.1M755.7M1.1B1.2B
Depreciation And Amortization65.4M178.1M424.4M445.6M

HighPeak Energy fundamental ratios Correlations

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0.80.910.750.810.780.930.980.590.980.79-0.420.980.720.90.940.58-0.350.660.930.80.95-0.28-0.070.63-0.52
-0.41-0.49-0.41-0.4-0.43-0.46-0.25-0.39-0.41-0.430.4-0.41-0.47-0.44-0.48-0.40.84-0.75-0.48-0.39-0.33-0.280.5-0.810.9
-0.52-0.14-0.64-0.49-0.55-0.41-0.17-0.820.0-0.550.920.0-0.7-0.44-0.4-0.830.72-0.68-0.42-0.5-0.31-0.070.5-0.560.68
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-0.71-0.69-0.75-0.7-0.73-0.72-0.52-0.73-0.58-0.730.71-0.58-0.79-0.73-0.74-0.720.86-0.95-0.74-0.7-0.6-0.520.90.68-0.95
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HighPeak Energy Account Relationship Matchups

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Additional Tools for HighPeak Stock Analysis

When running HighPeak Energy's price analysis, check to measure HighPeak Energy'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 HighPeak Energy is operating at the current time. Most of HighPeak Energy's value examination focuses on studying past and present price action to predict the probability of HighPeak Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HighPeak Energy's price. Additionally, you may evaluate how the addition of HighPeak Energy to your portfolios can decrease your overall portfolio volatility.