STGW Stock | | | USD 7.91 0.18 2.22% |
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 Reconciled Depreciation and its Total Other Income Expense Net 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.
Reconciled Depreciation vs Total Other Income Expense Net
Reconciled Depreciation vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Stagwell Reconciled Depreciation account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have weak relationship.
The correlation between Stagwell's Reconciled Depreciation and Total Other Income Expense Net is 0.33. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Stagwell, assuming nothing else is changed. The correlation between historical values of Stagwell's Reconciled Depreciation and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Stagwell are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Reconciled Depreciation i.e., Stagwell's Reconciled Depreciation and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Reconciled Depreciation
Total Other Income Expense Net
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
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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.