| VINO Stock | | | 35.50 0.50 1.39% |
Virgin Wines financial indicator trend analysis is much more than just breaking down Virgin Wines UK prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Virgin Wines UK is a good investment. Please check the relationship between Virgin Wines Total Stockholder Equity and its Property Plant And Equipment Net accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Virgin Wines UK. 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.
Total Stockholder Equity vs Property Plant And Equipment Net
Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Virgin Wines UK Total Stockholder Equity account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Virgin Wines' Total Stockholder Equity and Property Plant And Equipment Net is 0.82. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Virgin Wines UK, assuming nothing else is changed. The correlation between historical values of Virgin Wines' Total Stockholder Equity and Property Plant And Equipment 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 Total Stockholder Equity of Virgin Wines UK are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Stockholder Equity i.e., Virgin Wines' Total Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.82 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
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.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Virgin Wines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Virgin Wines UK 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 Virgin Wines UK. 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.
At this time, Virgin Wines'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 319
K in 2024, whereas
Issuance Of Capital Stock is likely to drop 1,900 in 2024.
Virgin Wines fundamental ratios Correlations
Click cells to compare fundamentals
Virgin Wines Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Virgin Wines 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 Virgin Stock Analysis
When running Virgin Wines' price analysis, check to
measure Virgin Wines' 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 Virgin Wines is operating at the current time. Most of Virgin Wines' value examination focuses on studying past and present price action to
predict the probability of Virgin Wines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virgin Wines' price. Additionally, you may evaluate how the addition of Virgin Wines to your portfolios can decrease your overall portfolio volatility.