Western Short Term Debt vs Common Stock Analysis
WAVS Stock | USD 11.14 0.09 0.81% |
Western Acquisition financial indicator trend analysis is more than just analyzing Western Acquisition current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Acquisition is a good investment. Please check the relationship between Western Acquisition Short Term Debt and its Common Stock accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Acquisition Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Short Term Debt vs Common Stock
Short Term Debt vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Acquisition Short Term Debt account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Western Acquisition's Short Term Debt and Common Stock is -0.56. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Western Acquisition Ventures, assuming nothing else is changed. The correlation between historical values of Western Acquisition's Short Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Western Acquisition Ventures are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Term Debt i.e., Western Acquisition's Short Term Debt and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Debt
Common Stock
Most indicators from Western Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Acquisition 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Acquisition Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. Selling General Administrative is likely to gain to about 1.1 M in 2024, whereas Tax Provision is likely to drop slightly above 191.1 K in 2024.
2010 | 2023 | 2024 (projected) | Net Interest Income | 1.6M | 1.3M | 1.1M | Tax Provision | 250.7K | 227.0K | 191.1K |
Western Acquisition fundamental ratios Correlations
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Western Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Western Stock Analysis
When running Western Acquisition's price analysis, check to measure Western Acquisition'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 Western Acquisition is operating at the current time. Most of Western Acquisition's value examination focuses on studying past and present price action to predict the probability of Western Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Acquisition's price. Additionally, you may evaluate how the addition of Western Acquisition to your portfolios can decrease your overall portfolio volatility.