EWTX Stock | | | USD 16.40 0.94 6.08% |
Edgewise Therapeutics financial indicator trend analysis is much more than just examining Edgewise Therapeutics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Edgewise Therapeutics is a good investment. Please check the relationship between Edgewise Therapeutics Roic and its Capex To Depreciation accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edgewise Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Edgewise Stock please use our
How to Invest in Edgewise Therapeutics guide.
Roic vs Capex To Depreciation
Roic vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Edgewise Therapeutics Roic account and
Capex To Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Edgewise Therapeutics' Roic and Capex To Depreciation is 0.66. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Edgewise Therapeutics, assuming nothing else is changed. The correlation between historical values of Edgewise Therapeutics' Roic and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Edgewise Therapeutics are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Roic i.e., Edgewise Therapeutics' Roic and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Edgewise Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Edgewise Therapeutics 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 Edgewise Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Edgewise Stock please use our
How to Invest in Edgewise Therapeutics guide.At this time, Edgewise Therapeutics'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 2.3
B in 2025, whereas
Issuance Of Capital Stock is likely to drop slightly above 128.1
M in 2025.
Edgewise Therapeutics fundamental ratios Correlations
Click cells to compare fundamentals
Edgewise Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Edgewise Therapeutics fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Edgewise Stock Analysis
When running Edgewise Therapeutics' price analysis, check to
measure Edgewise Therapeutics' 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 Edgewise Therapeutics is operating at the current time. Most of Edgewise Therapeutics' value examination focuses on studying past and present price action to
predict the probability of Edgewise Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edgewise Therapeutics' price. Additionally, you may evaluate how the addition of Edgewise Therapeutics to your portfolios can decrease your overall portfolio volatility.