WKEY Stock | | | USD 7.84 4.56 139.02% |
Wisekey International financial indicator trend analysis is more than just analyzing Wisekey International current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wisekey International is a good investment. Please check the relationship between Wisekey International Common Stock and its Ptb Ratio accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wisekey International Holding. 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.
Common Stock vs Ptb Ratio
Common Stock vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wisekey International Common Stock account and
Ptb Ratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Wisekey International's Common Stock and Ptb Ratio is 0.29. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Wisekey International Holding, assuming nothing else is changed. The correlation between historical values of Wisekey International's Common Stock and Ptb Ratio 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 of Wisekey International Holding are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Common Stock i.e., Wisekey International's Common Stock and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
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.
Most indicators from Wisekey International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wisekey International 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 Wisekey International Holding. 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.
At this time, Wisekey International's
Tax Provision is fairly stable compared to the past year.
Discontinued Operations is likely to rise to about 36.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 11.6
M in 2024.
Wisekey International fundamental ratios Correlations
Click cells to compare fundamentals
Wisekey International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wisekey International fundamental ratios Accounts
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 Wisekey Stock Analysis
When running Wisekey International's price analysis, check to
measure Wisekey International'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 Wisekey International is operating at the current time. Most of Wisekey International's value examination focuses on studying past and present price action to
predict the probability of Wisekey International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wisekey International's price. Additionally, you may evaluate how the addition of Wisekey International to your portfolios can decrease your overall portfolio volatility.