CVS Health Free Cash Flow vs Average Assets Analysis

CVS -- USA Stock  

USD 70.07  0.62  0.88%

CVS Health financial indicator trend analysis is way more than just evaluating CVS Health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CVS Health is a good investment. Please check the relationship between CVS Health Free Cash Flow and its Average Assets accounts. Check also Trending Equities.

Free Cash Flow vs Average Assets

Accounts Relationship

Free Cash Flow vs Average Assets

Significance: Almost Identical Trend

Free Cash Flow diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of CVS Health Free Cash Flow account and Average Assets

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Free Cash Flow

Free Cash Flow is a measure of financial performance calculated as Net Cash Flow from Operations minus Capital Expenditure.

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from Total Assets.

Did you try this?

Run Financial Widgets Now

   

Financial Widgets

Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
All  Next Launch Financial Widgets

Build Efficient Portfolios

Align your risk and return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check also Trending Equities. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Search macroaxis.com