The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Till Capital Roe account and
Capex To Operating Cash Flow. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Till Capital's Roe and Capex To Operating Cash Flow is 0.9. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Capex To Operating Cash Flow in the same time period over historical financial statements of Till Capital, assuming nothing else is changed. The correlation between historical values of Till Capital's Roe and Capex 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 Roe of Till Capital are associated (or correlated) with its Capex To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Operating Cash Flow has no effect on the direction of Roe i.e., Till Capital's Roe and Capex To Operating Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.9 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Most indicators from Till Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Till Capital 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 Till Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Till Capital's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 1.67 in 2024, despite the fact that
Tax Provision is likely to grow to (189.5
K).
When running Till Capital's price analysis, check to
measure Till Capital'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 Till Capital is operating at the current time. Most of Till Capital's value examination focuses on studying past and present price action to
predict the probability of Till Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Till Capital's price. Additionally, you may evaluate how the addition of Till Capital to your portfolios can decrease your overall portfolio volatility.