SGU Stock | | | USD 11.69 0.04 0.34% |
Star Gas financial indicator trend analysis is much more than just breaking down Star Gas Partners prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Star Gas Partners is a good investment. Please check the relationship between Star Gas Free Cash Flow and its Other Non Cash Items accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Star Gas Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Free Cash Flow vs Other Non Cash Items
Free Cash Flow vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Star Gas Partners Free Cash Flow account and
Other Non Cash Items. At this time, the significance of the direction appears to have very week relationship.
The correlation between Star Gas' Free Cash Flow and Other Non Cash Items is 0.29. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Star Gas Partners, assuming nothing else is changed. The correlation between historical values of Star Gas' Free Cash Flow and Other Non Cash Items 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 of Star Gas Partners are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Free Cash Flow i.e., Star Gas' Free Cash Flow and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Other Non Cash Items
Most indicators from Star Gas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Star Gas Partners 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Star Gas Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, Star Gas'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 16.4
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.02 in 2024.
Star Gas fundamental ratios Correlations
Click cells to compare fundamentals
Star Gas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Star Gas fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Star Stock Analysis
When running Star Gas' price analysis, check to
measure Star Gas' 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 Star Gas is operating at the current time. Most of Star Gas' value examination focuses on studying past and present price action to
predict the probability of Star Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Gas' price. Additionally, you may evaluate how the addition of Star Gas to your portfolios can decrease your overall portfolio volatility.