WWW Stock | | | USD 22.88 0.72 3.25% |
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 Deferred Long Term Liab and its Treasury Stock 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.
Deferred Long Term Liab vs Treasury Stock
Deferred Long Term Liab vs Treasury Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wolverine World Wide Deferred Long Term Liab account and
Treasury Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Wolverine World's Deferred Long Term Liab and Treasury Stock is 0.52. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Treasury Stock 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 Deferred Long Term Liab and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Wolverine World Wide are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Deferred Long Term Liab i.e., Wolverine World's Deferred Long Term Liab and Treasury Stock go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Treasury Stock
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 367.6
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
Also Currently Popular
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.
Additional Tools for Wolverine Stock Analysis
When running Wolverine World's price analysis, check to
measure Wolverine World'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 Wolverine World is operating at the current time. Most of Wolverine World's value examination focuses on studying past and present price action to
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.