HQY Stock | | | USD 94.95 0.19 0.20% |
HealthEquity financial indicator trend analysis is much more than just examining HealthEquity latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HealthEquity is a good investment. Please check the relationship between HealthEquity Ev To Sales and its Pfcf Ratio accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HealthEquity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
For more information on how to buy HealthEquity Stock please use our
How to Invest in HealthEquity guide.
Ev To Sales vs Pfcf Ratio
Ev To Sales vs Pfcf Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
HealthEquity Ev To Sales account and
Pfcf Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between HealthEquity's Ev To Sales and Pfcf Ratio is 0.02. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of HealthEquity, assuming nothing else is changed. The correlation between historical values of HealthEquity's Ev To Sales and Pfcf 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 Ev To Sales of HealthEquity are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Ev To Sales i.e., HealthEquity's Ev To Sales and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Pfcf Ratio
Most indicators from HealthEquity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HealthEquity 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 HealthEquity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
For more information on how to buy HealthEquity Stock please use our
How to Invest in HealthEquity guide.At this time, HealthEquity's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 20.3
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.08 in 2024.
HealthEquity fundamental ratios Correlations
Click cells to compare fundamentals
HealthEquity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HealthEquity fundamental ratios Accounts
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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.
Additional Tools for HealthEquity Stock Analysis
When running HealthEquity's price analysis, check to
measure HealthEquity'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 HealthEquity is operating at the current time. Most of HealthEquity's value examination focuses on studying past and present price action to
predict the probability of HealthEquity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HealthEquity's price. Additionally, you may evaluate how the addition of HealthEquity to your portfolios can decrease your overall portfolio volatility.