WeRide Free Cash Flow Yield vs Cash Ratio Analysis
| WRD Stock | 17.37 0.21 1.22% |
WeRide American financial indicator trend analysis is more than just analyzing WeRide American Depo current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WeRide American Depo is a good investment. Please check the relationship between WeRide American Free Cash Flow Yield and its Cash Ratio accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WeRide American Depositary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Free Cash Flow Yield vs Cash Ratio
Free Cash Flow Yield vs Cash Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WeRide American Depo Free Cash Flow Yield account and Cash Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between WeRide American's Free Cash Flow Yield and Cash Ratio is -0.67. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Cash Ratio in the same time period over historical financial statements of WeRide American Depositary, assuming nothing else is changed. The correlation between historical values of WeRide American's Free Cash Flow Yield and Cash Ratio 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 Yield of WeRide American Depositary are associated (or correlated) with its Cash Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Ratio has no effect on the direction of Free Cash Flow Yield i.e., WeRide American's Free Cash Flow Yield and Cash Ratio go up and down completely randomly.
Correlation Coefficient | -0.67 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Cash Ratio
Most indicators from WeRide American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WeRide American Depo 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WeRide American Depositary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At present, WeRide American's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 0.91, whereas Sales General And Administrative To Revenue is forecasted to decline to 1.34.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 65.8M | 86.6M | 89.6M | 82.6M | Interest Income | 29.8M | 36.1M | 132.0M | 138.6M |
WeRide American fundamental ratios Correlations
Click cells to compare fundamentals
WeRide American Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether WeRide American Depo is a strong investment it is important to analyze WeRide American's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact WeRide American's future performance. For an informed investment choice regarding WeRide Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WeRide American Depositary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Computers 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 WeRide American. If investors know WeRide 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 WeRide American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of WeRide American Depo is measured differently than its book value, which is the value of WeRide that is recorded on the company's balance sheet. Investors also form their own opinion of WeRide American's value that differs from its market value or its book value, called intrinsic value, which is WeRide American'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 WeRide American's market value can be influenced by many factors that don't directly affect WeRide American'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 WeRide American's value and its price as these two are different measures arrived at by different means. Investors typically determine if WeRide American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WeRide American'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.