WBS Stock | | | USD 61.78 0.27 0.44% |
Webster Financial financial indicator trend analysis is more than just analyzing Webster Financial current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Webster Financial is a good investment. Please check the relationship between Webster Financial Common Stock and its Short Term Debt accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Webster Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy Webster Stock please use our
How to Invest in Webster Financial guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Webster Financial Common Stock account and
Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Webster Financial's Common Stock and Short Term Debt is 0.62. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Webster Financial, assuming nothing else is changed. The correlation between historical values of Webster Financial's Common Stock and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Webster Financial are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Common Stock i.e., Webster Financial's Common Stock and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Most indicators from Webster Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Webster Financial 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 Webster Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy Webster Stock please use our
How to Invest in Webster Financial guide.At this time, Webster Financial's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 20.05 in 2024, whereas
Tax Provision is likely to drop slightly above 129.5
M in 2024.
When running Webster Financial's price analysis, check to
measure Webster Financial'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 Webster Financial is operating at the current time. Most of Webster Financial's value examination focuses on studying past and present price action to
predict the probability of Webster Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Webster Financial's price. Additionally, you may evaluate how the addition of Webster Financial to your portfolios can decrease your overall portfolio volatility.