WLY Stock | | | USD 52.42 0.69 1.30% |
John Wiley financial indicator trend analysis is infinitely more than just investigating John Wiley Sons recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether John Wiley Sons is a good investment. Please check the relationship between John Wiley Short Term Investments and its Non Current Assets Total accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in John Wiley Sons. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Short Term Investments vs Non Current Assets Total
Short Term Investments vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
John Wiley Sons Short Term Investments account and
Non Current Assets Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between John Wiley's Short Term Investments and Non Current Assets Total is -0.62. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of John Wiley Sons, assuming nothing else is changed. The correlation between historical values of John Wiley's Short Term Investments and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of John Wiley Sons are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Short Term Investments i.e., John Wiley's Short Term Investments and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of John Wiley balance sheet. It contains any investments John Wiley Sons undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that John Wiley Sons can easily liquidate in the marketplace.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from John Wiley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into John Wiley Sons 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 John Wiley Sons. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, John Wiley's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.59 in 2024, whereas
Tax Provision is likely to drop slightly above 12.6
M in 2024.
John Wiley fundamental ratios Correlations
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John Wiley Account Relationship Matchups
High Positive Relationship
High Negative Relationship
John Wiley fundamental ratios Accounts
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