RWT Stock | | | USD 7.16 0.03 0.42% |
Redwood Trust financial indicator trend analysis is much more than just breaking down Redwood Trust prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Redwood Trust is a good investment. Please check the relationship between Redwood Trust Property Plant Equipment and its Net Tangible Assets accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redwood Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
For more information on how to buy Redwood Stock please use our
How to Invest in Redwood Trust guide.
Property Plant Equipment vs Net Tangible Assets
Property Plant Equipment vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Redwood Trust Property Plant Equipment account and
Net Tangible Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Redwood Trust's Property Plant Equipment and Net Tangible Assets is 0.18. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Redwood Trust, assuming nothing else is changed. The correlation between historical values of Redwood Trust's Property Plant Equipment and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Redwood Trust are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Property Plant Equipment i.e., Redwood Trust's Property Plant Equipment and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Property Plant Equipment
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Redwood Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Redwood Trust 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Redwood Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
For more information on how to buy Redwood Stock please use our
How to Invest in Redwood Trust guide.At this time, Redwood Trust's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 105.3
M in 2024, whereas
Enterprise Value Multiple is likely to drop 35.51 in 2024.
Redwood Trust fundamental ratios Correlations
Click cells to compare fundamentals
Redwood Trust Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Redwood Trust fundamental ratios Accounts
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Additional Tools for Redwood Stock Analysis
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measure Redwood Trust'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 Redwood Trust is operating at the current time. Most of Redwood Trust's value examination focuses on studying past and present price action to
predict the probability of Redwood Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Redwood Trust's price. Additionally, you may evaluate how the addition of Redwood Trust to your portfolios can decrease your overall portfolio volatility.