STGW Stock | | | USD 7.86 0.05 0.63% |
Stagwell financial indicator trend analysis is much more than just breaking down Stagwell prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stagwell is a good investment. Please check the relationship between Stagwell Net Income and its Change To Liabilities accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Stagwell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
For more information on how to buy Stagwell Stock please use our
How to Invest in Stagwell guide.
Net Income vs Change To Liabilities
Net Income vs Change To Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Stagwell Net Income account and
Change To Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Stagwell's Net Income and Change To Liabilities is -0.08. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Stagwell, assuming nothing else is changed. The correlation between historical values of Stagwell's Net Income and Change To Liabilities 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 Income of Stagwell are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Net Income i.e., Stagwell's Net Income and Change To Liabilities go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Stagwell financial statement analysis. It represents the amount of money remaining after all of Stagwell operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Change To Liabilities
Most indicators from Stagwell's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stagwell 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Stagwell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
For more information on how to buy Stagwell Stock please use our
How to Invest in Stagwell guide.At this time, Stagwell's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.30 in 2024, despite the fact that
Tax Provision is likely to grow to (137.8
K).
Stagwell fundamental ratios Correlations
Click cells to compare fundamentals
Stagwell Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stagwell 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 Stagwell Stock Analysis
When running Stagwell's price analysis, check to
measure Stagwell'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 Stagwell is operating at the current time. Most of Stagwell's value examination focuses on studying past and present price action to
predict the probability of Stagwell's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stagwell's price. Additionally, you may evaluate how the addition of Stagwell to your portfolios can decrease your overall portfolio volatility.