NorthPoint Free Cash Flow Yield vs Ev To Sales Analysis
| NPNTQ Stock | USD 0.0001 0.00 0.000003% |
NorthPoint Communications financial indicator trend analysis is infinitely more than just investigating NorthPoint Communications recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NorthPoint Communications is a good investment. Please check the relationship between NorthPoint Communications Free Cash Flow Yield and its Ev To Sales accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NorthPoint Communications Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Free Cash Flow Yield vs Ev To Sales
Free Cash Flow Yield vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NorthPoint Communications Free Cash Flow Yield account and Ev To Sales. At this time, the significance of the direction appears to have almost identical trend.
The correlation between NorthPoint Communications' Free Cash Flow Yield and Ev To Sales is 0.92. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of NorthPoint Communications Group, assuming nothing else is changed. The correlation between historical values of NorthPoint Communications' Free Cash Flow Yield and Ev To Sales 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 NorthPoint Communications Group are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Free Cash Flow Yield i.e., NorthPoint Communications' Free Cash Flow Yield and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Most indicators from NorthPoint Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NorthPoint Communications 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NorthPoint Communications Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. As of 12/10/2025, Selling General Administrative is likely to grow to about 142.4 M, while Enterprise Value Over EBITDA is likely to drop (14.41).
| 2010 | 2011 | 2024 | 2025 (projected) | Total Operating Expenses | 2.8M | 189.6M | 218.0M | 228.9M | Cost Of Revenue | 94.3K | 50.4M | 57.9M | 60.8M |
NorthPoint Communications fundamental ratios Correlations
Click cells to compare fundamentals
NorthPoint Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with NorthPoint Communications
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 NorthPoint Communications 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 NorthPoint Communications will appreciate offsetting losses from the drop in the long position's value.Moving together with NorthPoint Stock
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The ability to find closely correlated positions to NorthPoint Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NorthPoint Communications 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 NorthPoint Communications - 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 NorthPoint Communications Group to buy it.
The correlation of NorthPoint Communications 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 NorthPoint Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NorthPoint Communications 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 NorthPoint Communications 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.Additional Tools for NorthPoint Stock Analysis
When running NorthPoint Communications' price analysis, check to measure NorthPoint Communications' 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 NorthPoint Communications is operating at the current time. Most of NorthPoint Communications' value examination focuses on studying past and present price action to predict the probability of NorthPoint Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NorthPoint Communications' price. Additionally, you may evaluate how the addition of NorthPoint Communications to your portfolios can decrease your overall portfolio volatility.