WKP Stock | | | 562.00 13.00 2.37% |
Workspace Group financial indicator trend analysis is more than just analyzing Workspace Group PLC current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Workspace Group PLC is a good investment. Please check the relationship between Workspace Group Common Stock and its Total Stockholder Equity accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workspace Group PLC. 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 economic analysis.
Common Stock vs Total Stockholder Equity
Common Stock vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Workspace Group PLC Common Stock account and
Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Workspace Group's Common Stock and Total Stockholder Equity is 0.79. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Workspace Group PLC, assuming nothing else is changed. The correlation between historical values of Workspace Group's Common Stock and Total Stockholder Equity 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 Workspace Group PLC are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Common Stock i.e., Workspace Group's Common Stock and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
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.
Most indicators from Workspace Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Workspace Group PLC 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 Workspace Group PLC. 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 economic analysis.
The current year's
Selling General Administrative is expected to grow to about 26.6
M. The current year's
Tax Provision is expected to grow to about 362.2
KWorkspace Group fundamental ratios Correlations
Click cells to compare fundamentals
Workspace Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Workspace Group fundamental ratios Accounts
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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.
Other Information on Investing in Workspace Stock
Balance Sheet is a snapshot of the
financial position of Workspace Group PLC at a specified time, usually calculated after every quarter, six months, or one year. Workspace Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Workspace Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Workspace currently owns. An asset can also be divided into two categories, current and non-current.