WTS Stock | | | USD 210.80 4.24 2.05% |
Watts Water financial indicator trend analysis is more than just analyzing Watts Water Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Watts Water Technologies is a good investment. Please check the relationship between Watts Water Ev To Sales and its Dividend Yield accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Watts Water Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Ev To Sales vs Dividend Yield
Ev To Sales vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Watts Water Technologies Ev To Sales account and
Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Watts Water's Ev To Sales and Dividend Yield is -0.35. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Watts Water Technologies, assuming nothing else is changed. The correlation between historical values of Watts Water's Ev To Sales and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Watts Water Technologies are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Ev To Sales i.e., Watts Water's Ev To Sales and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Dividend Yield
Dividend Yield is Watts Water Technologies dividend as a percentage of Watts Water stock price. Watts Water Technologies dividend yield is a measure of Watts Water stock productivity, which can be interpreted as interest rate earned on an Watts Water investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Watts Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Watts Water Technologies 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 Watts Water Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Watts Water's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 18.09 in 2024, whereas
Discontinued Operations is likely to drop (4.1
M) in 2024.
Watts Water fundamental ratios Correlations
Click cells to compare fundamentals
Watts Water Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Watts Water fundamental ratios Accounts
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