WWW Stock | | | USD 23.17 0.16 0.70% |
Wolverine World financial indicator trend analysis is more than just analyzing Wolverine World Wide current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wolverine World Wide is a good investment. Please check the relationship between Wolverine World Cash Flow To Debt Ratio and its End Period Cash Flow accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wolverine World Wide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Cash Flow To Debt Ratio vs End Period Cash Flow
Cash Flow To Debt Ratio vs End Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wolverine World Wide Cash Flow To Debt Ratio account and
End Period Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Wolverine World's Cash Flow To Debt Ratio and End Period Cash Flow is -0.14. Overlapping area represents the amount of variation of Cash Flow To Debt Ratio that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Wolverine World Wide, assuming nothing else is changed. The correlation between historical values of Wolverine World's Cash Flow To Debt Ratio and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Flow To Debt Ratio of Wolverine World Wide are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Cash Flow To Debt Ratio i.e., Wolverine World's Cash Flow To Debt Ratio and End Period Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash Flow To Debt Ratio
End Period Cash Flow
Most indicators from Wolverine World's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wolverine World Wide 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 Wolverine World Wide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Selling General Administrative is likely to drop to about 367.5
M in 2024.
Tax Provision is likely to climb to about (90.2
M) in 2024
Wolverine World fundamental ratios Correlations
Click cells to compare fundamentals
Wolverine World Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wolverine World fundamental ratios Accounts
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predict the probability of Wolverine World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wolverine World's price. Additionally, you may evaluate how the addition of Wolverine World to your portfolios can decrease your overall portfolio volatility.