| WHN Stock | | | CAD 0.12 0.01 7.69% |
Westhaven Ventures financial indicator trend analysis is more than just analyzing Westhaven Ventures current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westhaven Ventures is a good investment. Please check the relationship between Westhaven Ventures Net Income and its Selling And Marketing Expenses accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westhaven 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 board of governors.
Net Income vs Selling And Marketing Expenses
Net Income vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Westhaven Ventures Net Income account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Westhaven Ventures' Net Income and Selling And Marketing Expenses is -0.66. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Westhaven Ventures, assuming nothing else is changed. The correlation between historical values of Westhaven Ventures' Net Income and Selling And Marketing Expenses 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 Westhaven Ventures are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Net Income i.e., Westhaven Ventures' Net Income and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | -0.66 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Westhaven Ventures financial statement analysis. It represents the amount of money remaining after all of Westhaven Ventures operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Selling And Marketing Expenses
Most indicators from Westhaven Ventures' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westhaven Ventures 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 Westhaven 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 board of governors.
Selling General Administrative is likely to drop to about 284.6
K in 2024.
Issuance Of Capital Stock is likely to drop to about 950
K in 2024
Westhaven Ventures fundamental ratios Correlations
Click cells to compare fundamentals
Westhaven Ventures Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Westhaven Ventures fundamental ratios Accounts
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Additional Tools for Westhaven Stock Analysis
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measure Westhaven Ventures' 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 Westhaven Ventures is operating at the current time. Most of Westhaven Ventures' value examination focuses on studying past and present price action to
predict the probability of Westhaven Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westhaven Ventures' price. Additionally, you may evaluate how the addition of Westhaven Ventures to your portfolios can decrease your overall portfolio volatility.