MYFW Stock | | | USD 19.39 0.10 0.52% |
First Western financial indicator trend analysis is much more than just examining First Western Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Western Financial is a good investment. Please check the relationship between First Western Price To Sales Ratio and its Ev To Operating Cash Flow accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in First Western Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Price To Sales Ratio vs Ev To Operating Cash Flow
Price To Sales Ratio vs Ev To Operating Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
First Western Financial Price To Sales Ratio account and
Ev To Operating Cash Flow. At this time, the significance of the direction appears to have no relationship.
The correlation between First Western's Price To Sales Ratio and Ev To Operating Cash Flow is 0.09. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ev To Operating Cash Flow in the same time period over historical financial statements of First Western Financial, assuming nothing else is changed. The correlation between historical values of First Western's Price To Sales Ratio and Ev To Operating 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 Price To Sales Ratio of First Western Financial are associated (or correlated) with its Ev To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Operating Cash Flow has no effect on the direction of Price To Sales Ratio i.e., First Western's Price To Sales Ratio and Ev To Operating Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing First Western Financial stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on First Western sales, a figure that is much harder to manipulate than other First Western Financial 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.
Ev To Operating Cash Flow
A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.
Most indicators from First Western's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Western Financial 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in First Western Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, First Western's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to climb to 12.14 in 2024, whereas
Tax Provision is likely to drop slightly above 2.7
M in 2024.
First Western fundamental ratios Correlations
Click cells to compare fundamentals
First Western Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Western fundamental ratios Accounts
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Additional Tools for First Stock Analysis
When running First Western's price analysis, check to
measure First Western'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 First Western is operating at the current time. Most of First Western's value examination focuses on studying past and present price action to
predict the probability of First Western's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Western's price. Additionally, you may evaluate how the addition of First Western to your portfolios can decrease your overall portfolio volatility.