SWM Stock | | | 0.16 0.01 5.88% |
Seven West financial indicator trend analysis is much more than just breaking down Seven West Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seven West Media is a good investment. Please check the relationship between Seven West Common Stock and its Cash And Short Term Investments accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Seven West Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Common Stock vs Cash And Short Term Investments
Common Stock vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Seven West Media Common Stock account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Seven West's Common Stock and Cash And Short Term Investments is 0.32. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Seven West Media, assuming nothing else is changed. The correlation between historical values of Seven West's Common Stock and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Seven West Media are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock i.e., Seven West's Common Stock and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Seven West Media balance sheet. This account contains Seven West investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Seven West Media fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Seven West's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Seven West Media 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Seven West Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to gain to about 24.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 267.1
M in 2024.
Seven West fundamental ratios Correlations
Click cells to compare fundamentals
Seven West Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Seven West fundamental ratios Accounts
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Additional Tools for Seven Stock Analysis
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