Sprint Free Cash Flow vs Average Equity Analysis

S -- USA Stock  

USD 6.30  0.06  0.94%

Sprint financial indicator trend analysis is much more than just breaking down Sprint prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sprint is a good investment. Please check the relationship between Sprint Free Cash Flow and its Average Equity accounts. Also please take a look at World Market Map.

Free Cash Flow vs Average Equity

Accounts Relationship

Free Cash Flow vs Average Equity

Significance: Weak Contrarian Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Sprint Free Cash Flow account and Average Equity

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Free Cash Flow

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

Average Equity

Average equity value for the period used in calculation of Return on Average Equity; derived from Shareholders Equity.

Did you try this?

Run Theme Ratings Now

   

Theme Ratings

Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Theme Ratings

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
Also please take a look at World Market Map. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
Search macroaxis.com