CANS Stock | | | 0.01 0.01 100.00% |
Wildpack Beverage financial indicator trend analysis is more than just analyzing Wildpack Beverage current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wildpack Beverage is a good investment. Please check the relationship between Wildpack Beverage Working Capital and its Market Cap accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wildpack Beverage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Working Capital vs Market Cap
Working Capital vs Market Cap Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wildpack Beverage Working Capital account and
Market Cap. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Wildpack Beverage's Working Capital and Market Cap is -0.07. Overlapping area represents the amount of variation of Working Capital that can explain the historical movement of Market Cap in the same time period over historical financial statements of Wildpack Beverage, assuming nothing else is changed. The correlation between historical values of Wildpack Beverage's Working Capital and Market Cap is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Working Capital of Wildpack Beverage are associated (or correlated) with its Market Cap. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Market Cap has no effect on the direction of Working Capital i.e., Wildpack Beverage's Working Capital and Market Cap go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity and operational efficiency of the business.
Market Cap
Most indicators from Wildpack Beverage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wildpack Beverage 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wildpack Beverage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
At this time, Wildpack Beverage's
Tax Provision is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 71
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 11.7
M in 2024.
Wildpack Beverage fundamental ratios Correlations
Click cells to compare fundamentals
Wildpack Beverage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wildpack Beverage fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Wildpack Stock Analysis
When running Wildpack Beverage's price analysis, check to
measure Wildpack Beverage'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 Wildpack Beverage is operating at the current time. Most of Wildpack Beverage's value examination focuses on studying past and present price action to
predict the probability of Wildpack Beverage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wildpack Beverage's price. Additionally, you may evaluate how the addition of Wildpack Beverage to your portfolios can decrease your overall portfolio volatility.