Westwater Cash Flow To Debt Ratio from 2010 to 2024
| WWR Stock | USD 0.59 0.02 3.51% |
Cash Flow To Debt Ratio | First Reported 2010-12-31 | Previous Quarter (32.02) | Current Value (30.42) | Quarterly Volatility 37.45481834 |
Check Westwater Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Westwater Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 209.9 K, Interest Expense of 729.8 K or Selling General Administrative of 9.3 M, as well as many indicators such as Price To Sales Ratio of 12.1, Dividend Yield of 0.0 or PTB Ratio of 0.2. Westwater financial statements analysis is a perfect complement when working with Westwater Resources Valuation or Volatility modules.
Westwater | Cash Flow To Debt Ratio |
Latest Westwater Resources' Cash Flow To Debt Ratio Growth Pattern
Below is the plot of the Cash Flow To Debt Ratio of Westwater Resources over the last few years. It is Westwater Resources' Cash Flow To Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Westwater Resources' overall financial position and show how it may be relating to other accounts over time.
| Cash Flow To Debt Ratio | 10 Years Trend |
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Cash Flow To Debt Ratio |
| Timeline |
Westwater Cash Flow To Debt Ratio Regression Statistics
| Arithmetic Mean | (32.90) | |
| Geometric Mean | 14.42 | |
| Coefficient Of Variation | (113.84) | |
| Mean Deviation | 24.89 | |
| Median | (30.42) | |
| Standard Deviation | 37.45 | |
| Sample Variance | 1,403 | |
| Range | 145 | |
| R-Value | (0.62) | |
| Mean Square Error | 936.04 | |
| R-Squared | 0.38 | |
| Significance | 0.01 | |
| Slope | (5.17) | |
| Total Sum of Squares | 19,640 |
Westwater Cash Flow To Debt Ratio History
About Westwater Resources Financial Statements
Westwater Resources shareholders use historical fundamental indicators, such as Cash Flow To Debt Ratio, to determine how well the company is positioned to perform in the future. Although Westwater Resources investors may analyze each financial statement separately, they are all interrelated. The changes in Westwater Resources' assets and liabilities, for example, are also reflected in the revenues and expenses on on Westwater Resources' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Cash Flow To Debt Ratio | (32.02) | (30.42) |
Pair Trading with Westwater Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Westwater Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Westwater Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Westwater Stock
| 0.48 | ELBM | Electra Battery Materials | PairCorr |
| 0.44 | BYU | BAIYU Holdings | PairCorr |
| 0.43 | FMST | Foremost Lithium Resource | PairCorr |
The ability to find closely correlated positions to Westwater Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Westwater Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Westwater Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Westwater Resources to buy it.
The correlation of Westwater Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Westwater Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westwater Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Westwater Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Westwater Stock Analysis
When running Westwater Resources' price analysis, check to measure Westwater Resources' 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 Westwater Resources is operating at the current time. Most of Westwater Resources' value examination focuses on studying past and present price action to predict the probability of Westwater Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westwater Resources' price. Additionally, you may evaluate how the addition of Westwater Resources to your portfolios can decrease your overall portfolio volatility.