FLS Stock | | | USD 57.78 0.47 0.81% |
Flowserve financial indicator trend analysis is much more than just examining Flowserve latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flowserve is a good investment. Please check the relationship between Flowserve Total Stockholder Equity and its Common Stock accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flowserve. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Flowserve Stock please use our
How to Invest in Flowserve guide.
Total Stockholder Equity vs Common Stock
Total Stockholder Equity vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Flowserve Total Stockholder Equity account and
Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Flowserve's Total Stockholder Equity and Common Stock is 0.49. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock in the same time period over historical financial statements of Flowserve, assuming nothing else is changed. The correlation between historical values of Flowserve's Total Stockholder Equity and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Flowserve are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Stockholder Equity i.e., Flowserve's Total Stockholder Equity and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Common Stock
Most indicators from Flowserve's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flowserve 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flowserve. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Flowserve Stock please use our
How to Invest in Flowserve guide.At this time, Flowserve's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 17.61 in 2024, whereas
Selling General Administrative is likely to drop slightly above 750.6
M in 2024.
Flowserve fundamental ratios Correlations
Click cells to compare fundamentals
Flowserve Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Flowserve fundamental ratios Accounts
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Additional Tools for Flowserve Stock Analysis
When running Flowserve's price analysis, check to
measure Flowserve's 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 Flowserve is operating at the current time. Most of Flowserve's value examination focuses on studying past and present price action to
predict the probability of Flowserve's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flowserve's price. Additionally, you may evaluate how the addition of Flowserve to your portfolios can decrease your overall portfolio volatility.