WEBUY Ptb Ratio vs Pocfratio Analysis
WBUY Stock | 0.18 0 0.56% |
WEBUY GLOBAL financial indicator trend analysis is more than just analyzing WEBUY GLOBAL LTD current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WEBUY GLOBAL LTD is a good investment. Please check the relationship between WEBUY GLOBAL Ptb Ratio and its Pocfratio accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WEBUY GLOBAL LTD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Ptb Ratio vs Pocfratio
Ptb Ratio vs Pocfratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WEBUY GLOBAL LTD Ptb Ratio account and Pocfratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between WEBUY GLOBAL's Ptb Ratio and Pocfratio is 0.93. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Pocfratio in the same time period over historical financial statements of WEBUY GLOBAL LTD, assuming nothing else is changed. The correlation between historical values of WEBUY GLOBAL's Ptb Ratio and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of WEBUY GLOBAL LTD are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Ptb Ratio i.e., WEBUY GLOBAL's Ptb Ratio and Pocfratio go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Pocfratio
Most indicators from WEBUY GLOBAL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WEBUY GLOBAL LTD 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 WEBUY GLOBAL LTD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At this time, WEBUY GLOBAL's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 16.3 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (7.62) in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 26.0K | 283.5K | 294.1K | 221.3K | Depreciation And Amortization | 178.1K | 437.3K | 1.3M | 714.5K |
WEBUY GLOBAL fundamental ratios Correlations
Click cells to compare fundamentals
WEBUY GLOBAL Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running WEBUY GLOBAL's price analysis, check to measure WEBUY GLOBAL'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 WEBUY GLOBAL is operating at the current time. Most of WEBUY GLOBAL's value examination focuses on studying past and present price action to predict the probability of WEBUY GLOBAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WEBUY GLOBAL's price. Additionally, you may evaluate how the addition of WEBUY GLOBAL to your portfolios can decrease your overall portfolio volatility.