| AWX Stock | | | CAD 0.07 0.01 7.14% |
ArcWest Exploration financial indicator trend analysis is way more than just evaluating ArcWest Exploration prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ArcWest Exploration is a good investment. Please check the relationship between ArcWest Exploration Net Working Capital and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in ArcWest Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Working Capital vs Common Stock Shares Outstanding
Net Working Capital vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ArcWest Exploration Net Working Capital account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ArcWest Exploration's Net Working Capital and Common Stock Shares Outstanding is 0.93. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of ArcWest Exploration, assuming nothing else is changed. The correlation between historical values of ArcWest Exploration's Net Working Capital and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of ArcWest Exploration are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Working Capital i.e., ArcWest Exploration's Net Working Capital and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Working Capital
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from ArcWest Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ArcWest Exploration 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in ArcWest Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to climb to about 559.1
K in 2024
ArcWest Exploration fundamental ratios Correlations
Click cells to compare fundamentals
ArcWest Exploration Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ArcWest Exploration fundamental ratios Accounts
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Additional Tools for ArcWest Stock Analysis
When running ArcWest Exploration's price analysis, check to
measure ArcWest Exploration'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 ArcWest Exploration is operating at the current time. Most of ArcWest Exploration's value examination focuses on studying past and present price action to
predict the probability of ArcWest Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcWest Exploration's price. Additionally, you may evaluate how the addition of ArcWest Exploration to your portfolios can decrease your overall portfolio volatility.