| WISH Stock | | | CAD 0.27 0.01 3.57% |
Wishpond Technologies financial indicator trend analysis is more than just analyzing Wishpond Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wishpond Technologies is a good investment. Please check the relationship between Wishpond Technologies Interest Income and its Total Revenue accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wishpond Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Interest Income vs Total Revenue
Interest Income vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wishpond Technologies Interest Income account and
Total Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Wishpond Technologies' Interest Income and Total Revenue is -0.53. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Wishpond Technologies, assuming nothing else is changed. The correlation between historical values of Wishpond Technologies' Interest Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Wishpond Technologies are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Interest Income i.e., Wishpond Technologies' Interest Income and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.53 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Total Revenue
Total revenue comprises all receipts Wishpond Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Wishpond Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wishpond Technologies 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 Wishpond Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
At this time, Wishpond Technologies'
Tax Provision is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 25.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 10.5
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 10.0M | 13.6M | 15.2M | 10.5M | Total Revenue | 14.8M | 20.5M | 23.1M | 15.9M |
Wishpond Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Wishpond Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wishpond Technologies fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Wishpond Stock Analysis
When running Wishpond Technologies' price analysis, check to
measure Wishpond Technologies' 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 Wishpond Technologies is operating at the current time. Most of Wishpond Technologies' value examination focuses on studying past and present price action to
predict the probability of Wishpond Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wishpond Technologies' price. Additionally, you may evaluate how the addition of Wishpond Technologies to your portfolios can decrease your overall portfolio volatility.