WOW Stock | | | USD 5.28 0.07 1.34% |
WideOpenWest financial indicator trend analysis is more than just analyzing WideOpenWest current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WideOpenWest is a good investment. Please check the relationship between WideOpenWest Net Working Capital and its Total Stockholder Equity accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WideOpenWest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy WideOpenWest Stock please use our
How to Invest in WideOpenWest guide.
Net Working Capital vs Total Stockholder Equity
Net Working Capital vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
WideOpenWest Net Working Capital account and
Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between WideOpenWest's Net Working Capital and Total Stockholder Equity is -0.35. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of WideOpenWest, assuming nothing else is changed. The correlation between historical values of WideOpenWest's Net Working Capital and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of WideOpenWest are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Working Capital i.e., WideOpenWest's Net Working Capital and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Working Capital
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from WideOpenWest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WideOpenWest 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 WideOpenWest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy WideOpenWest Stock please use our
How to Invest in WideOpenWest guide.At this time, WideOpenWest's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.26 in 2024, despite the fact that
Tax Provision is likely to grow to (103.7
M).
WideOpenWest fundamental ratios Correlations
Click cells to compare fundamentals
WideOpenWest Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WideOpenWest fundamental ratios Accounts
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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 WideOpenWest Stock Analysis
When running WideOpenWest's price analysis, check to
measure WideOpenWest'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 WideOpenWest is operating at the current time. Most of WideOpenWest's value examination focuses on studying past and present price action to
predict the probability of WideOpenWest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WideOpenWest's price. Additionally, you may evaluate how the addition of WideOpenWest to your portfolios can decrease your overall portfolio volatility.