CLW Stock | | | USD 27.12 0.27 0.99% |
Clearwater Paper financial indicator trend analysis is way more than just evaluating Clearwater Paper prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clearwater Paper is a good investment. Please check the relationship between Clearwater Paper Cash and its Common Stock Total Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearwater Paper. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Clearwater Stock please use our
How to Invest in Clearwater Paper guide.
Cash vs Common Stock Total Equity
Cash vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Clearwater Paper Cash account and
Common Stock Total Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Clearwater Paper's Cash and Common Stock Total Equity is -0.44. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Clearwater Paper, assuming nothing else is changed. The correlation between historical values of Clearwater Paper's Cash and Common Stock Total Equity 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 of Clearwater Paper are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Cash i.e., Clearwater Paper's Cash and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Clearwater Paper, which is listed under current asset account on Clearwater Paper balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Clearwater Paper customers. The amounts must be unrestricted with restricted cash listed in a different Clearwater Paper account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Clearwater Paper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clearwater Paper 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 Clearwater Paper. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Clearwater Stock please use our
How to Invest in Clearwater Paper guide.At this time, Clearwater Paper's
Tax Provision is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 3.99 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.05 in 2024.
Clearwater Paper fundamental ratios Correlations
Click cells to compare fundamentals
Clearwater Paper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Clearwater Paper fundamental ratios Accounts
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Additional Tools for Clearwater Stock Analysis
When running Clearwater Paper's price analysis, check to
measure Clearwater Paper'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 Clearwater Paper is operating at the current time. Most of Clearwater Paper's value examination focuses on studying past and present price action to
predict the probability of Clearwater Paper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clearwater Paper's price. Additionally, you may evaluate how the addition of Clearwater Paper to your portfolios can decrease your overall portfolio volatility.