Wang Pb Ratio vs Pfcf Ratio Analysis
WLGS Stock | 4.73 0.06 1.28% |
Wang Lee financial indicator trend analysis is more than just analyzing Wang Lee Group, current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wang Lee Group, is a good investment. Please check the relationship between Wang Lee Pb Ratio and its Pfcf Ratio accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wang Lee Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Pb Ratio vs Pfcf Ratio
Pb Ratio vs Pfcf Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wang Lee Group, Pb Ratio account and Pfcf Ratio. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Wang Lee's Pb Ratio and Pfcf Ratio is 0.8. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Wang Lee Group,, assuming nothing else is changed. The correlation between historical values of Wang Lee's Pb Ratio and Pfcf 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 Pb Ratio of Wang Lee Group, are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Pb Ratio i.e., Wang Lee's Pb Ratio and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Pb Ratio
Pfcf Ratio
Most indicators from Wang Lee's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wang Lee Group, 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 Wang Lee Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. Issuance Of Capital Stock is likely to gain to about 8.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 13.3K | 35.4K | 61.6K | 43.9K | Depreciation And Amortization | 466.88 | 2.6K | 32.4K | 34.0K |
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