WU Stock | | | USD 10.72 0.03 0.28% |
Western Union financial indicator trend analysis is more than just analyzing Western Union current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Union is a good investment. Please check the relationship between Western Union Good Will and its Common Stock Shares Outstanding accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Union Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Good Will vs Common Stock Shares Outstanding
Good Will vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Western Union Good Will account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have no relationship.
The correlation between Western Union's Good Will and Common Stock Shares Outstanding is 0.02. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Western Union Co, assuming nothing else is changed. The correlation between historical values of Western Union's Good Will and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Western Union Co are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Good Will i.e., Western Union's Good Will and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Western Union's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Union 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 Union Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
At this time, Western Union's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 9.42 in 2024, whereas
Tax Provision is likely to drop slightly above 66.3
M in 2024.
Western Union fundamental ratios Correlations
Click cells to compare fundamentals
Western Union Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Western Union fundamental ratios Accounts
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Additional Tools for Western Stock Analysis
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measure Western Union'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 Union is operating at the current time. Most of Western Union's value examination focuses on studying past and present price action to
predict the probability of Western Union'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 Union's price. Additionally, you may evaluate how the addition of Western Union to your portfolios can decrease your overall portfolio volatility.