Expand Stock Based Compensation vs Change In Working Capital Analysis
EXEEW Stock | 93.08 0.00 0.00% |
Expand Energy financial indicator trend analysis is much more than just examining Expand Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Expand Energy is a good investment. Please check the relationship between Expand Energy Stock Based Compensation and its Change In Working Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Expand Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Expand Stock please use our How to Invest in Expand Energy guide.
Stock Based Compensation vs Change In Working Capital
Stock Based Compensation vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Expand Energy Stock Based Compensation account and Change In Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Expand Energy's Stock Based Compensation and Change In Working Capital is -0.46. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Expand Energy, assuming nothing else is changed. The correlation between historical values of Expand Energy's Stock Based Compensation and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Expand Energy are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Stock Based Compensation i.e., Expand Energy's Stock Based Compensation and Change In Working Capital go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.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 Expand Stock Analysis
When running Expand Energy's price analysis, check to measure Expand Energy'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 Expand Energy is operating at the current time. Most of Expand Energy's value examination focuses on studying past and present price action to predict the probability of Expand Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Expand Energy's price. Additionally, you may evaluate how the addition of Expand Energy to your portfolios can decrease your overall portfolio volatility.