SNCY Stock | | | USD 14.94 0.32 2.10% |
Sun Country financial indicator trend analysis is much more than just breaking down Sun Country Airlines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sun Country Airlines is a good investment. Please check the relationship between Sun Country End Period Cash Flow and its Investments accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Country Airlines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
End Period Cash Flow vs Investments
End Period Cash Flow vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sun Country Airlines End Period Cash Flow account and
Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sun Country's End Period Cash Flow and Investments is -0.4. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Investments in the same time period over historical financial statements of Sun Country Airlines, assuming nothing else is changed. The correlation between historical values of Sun Country's End Period Cash Flow and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Sun Country Airlines are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of End Period Cash Flow i.e., Sun Country's End Period Cash Flow and Investments go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
End Period Cash Flow
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Sun Country's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sun Country Airlines 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 Sun Country Airlines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Enterprise Value is likely to rise to about 2.2
B in 2024, whereas
Tax Provision is likely to drop slightly above 13.1
M in 2024.
Sun Country fundamental ratios Correlations
Click cells to compare fundamentals
Sun Country Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sun Country fundamental ratios Accounts
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