Trinity Other Non Cash Items vs Free Cash Flow Analysis
| TRIN Stock | USD 14.79 0.08 0.54% |
Trinity Capital financial indicator trend analysis is much more than just breaking down Trinity Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trinity Capital is a good investment. Please check the relationship between Trinity Capital Other Non Cash Items and its Free Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trinity 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 gross domestic product. To learn how to invest in Trinity Stock, please use our How to Invest in Trinity Capital guide.
Other Non Cash Items vs Free Cash Flow
Other Non Cash Items vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trinity Capital Other Non Cash Items account and Free Cash Flow. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Trinity Capital's Other Non Cash Items and Free Cash Flow is 0.92. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Trinity Capital, assuming nothing else is changed. The correlation between historical values of Trinity Capital's Other Non Cash Items and Free 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 Other Non Cash Items of Trinity Capital are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Other Non Cash Items i.e., Trinity Capital's Other Non Cash Items and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Other Non Cash Items
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Most indicators from Trinity Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trinity 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 Trinity 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 gross domestic product. To learn how to invest in Trinity Stock, please use our How to Invest in Trinity Capital guide.As of the 29th of December 2024, Selling General Administrative is likely to drop to about 7.7 M. In addition to that, Tax Provision is likely to drop to about 1.4 M
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 76.6M | 138.8M | 170.9M | 120.3M | Net Interest Income | 56.2M | 104.7M | 126.7M | 88.6M |
Trinity Capital fundamental ratios Correlations
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Trinity Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Trinity Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Trinity Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Trinity Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Trinity Stock
Moving against Trinity Stock
| 0.83 | XP | Xp Inc | PairCorr |
| 0.61 | WD | Walker Dunlop | PairCorr |
| 0.51 | WU | Western Union Sell-off Trend | PairCorr |
| 0.5 | LU | Lufax Holding | PairCorr |
| 0.48 | PT | Pintec Technology | PairCorr |
The ability to find closely correlated positions to Trinity Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trinity Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Trinity Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Trinity Capital to buy it.
The correlation of Trinity Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trinity Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trinity Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Trinity Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trinity 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 gross domestic product. To learn how to invest in Trinity Stock, please use our How to Invest in Trinity Capital guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trinity Capital. If investors know Trinity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trinity Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.072 | Dividend Share 2.03 | Earnings Share 1.7 | Revenue Per Share 4.193 | Quarterly Revenue Growth 0.314 |
The market value of Trinity Capital is measured differently than its book value, which is the value of Trinity that is recorded on the company's balance sheet. Investors also form their own opinion of Trinity Capital's value that differs from its market value or its book value, called intrinsic value, which is Trinity Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trinity Capital's market value can be influenced by many factors that don't directly affect Trinity Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trinity Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trinity Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trinity Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.