002673 Stock | | | 8.68 0.05 0.57% |
Western Securities financial indicator trend analysis is more than just analyzing Western Securities current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Securities is a good investment. Please check the relationship between Western Securities Common Stock Shares Outstanding and its Long Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Western Securities 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 nation.
Common Stock Shares Outstanding vs Long Term Investments
Common Stock Shares Outstanding vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Western Securities Common Stock Shares Outstanding account and
Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Western Securities' Common Stock Shares Outstanding and Long Term Investments is 0.86. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Western Securities Co, assuming nothing else is changed. The correlation between historical values of Western Securities' Common Stock Shares Outstanding and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Western Securities Co are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Western Securities' Common Stock Shares Outstanding and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Long Term Investments
Long Term Investments is an item on the asset side of Western Securities balance sheet that represents investments Western Securities intends to hold for over a year. Western Securities Co long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Western Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Securities 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Western Securities 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 nation.
As of December 18, 2024,
Selling General Administrative is expected to decline to about 412.4
M. In addition to that,
Tax Provision is expected to decline to about 281.2
MWestern Securities fundamental ratios Correlations
Click cells to compare fundamentals
Western Securities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Western Securities fundamental ratios Accounts
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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.
Other Information on Investing in Western Stock
Balance Sheet is a snapshot of the
financial position of Western Securities at a specified time, usually calculated after every quarter, six months, or one year. Western Securities Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Western Securities and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Western currently owns. An asset can also be divided into two categories, current and non-current.