HighPeak Ptb Ratio vs Cash Per Share 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 Ptb Ratio and its Cash Per Share 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.

Ptb Ratio vs Cash Per Share

Ptb Ratio vs Cash Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HighPeak Energy Ptb Ratio account and Cash Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between HighPeak Energy's Ptb Ratio and Cash Per Share is -0.83. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Cash Per Share 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 Ptb Ratio and Cash Per Share 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 HighPeak Energy are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Ptb Ratio i.e., HighPeak Energy's Ptb Ratio and Cash Per Share go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Cash Per Share

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.