WWW Stock | | | USD 23.74 0.34 1.45% |
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 Price Cash Flow Ratio and its Free Cash Flow Yield 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.
Price Cash Flow Ratio vs Free Cash Flow Yield
Price Cash Flow Ratio vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wolverine World Wide Price Cash Flow Ratio account and
Free Cash Flow Yield. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wolverine World's Price Cash Flow Ratio and Free Cash Flow Yield is 0.76. Overlapping area represents the amount of variation of Price Cash Flow Ratio that can explain the historical movement of Free Cash Flow Yield 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 Price Cash Flow Ratio and Free Cash Flow 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 Price Cash Flow Ratio of Wolverine World Wide are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Price Cash Flow Ratio i.e., Wolverine World's Price Cash Flow Ratio and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Price Cash Flow Ratio
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
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
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Additional Tools for Wolverine Stock Analysis
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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.