WAFU Stock | | | USD 1.69 0.03 1.74% |
Wah Fu financial indicator trend analysis is more than just analyzing Wah Fu Education current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wah Fu Education is a good investment. Please check the relationship between Wah Fu Common Stock Shares Outstanding and its Total Stockholder Equity accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wah Fu Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Common Stock Shares Outstanding vs Total Stockholder Equity
Common Stock Shares Outstanding vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wah Fu Education Common Stock Shares Outstanding account and
Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Wah Fu's Common Stock Shares Outstanding and Total Stockholder Equity is -0.85. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Wah Fu Education, assuming nothing else is changed. The correlation between historical values of Wah Fu's Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of Wah Fu Education 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 Common Stock Shares Outstanding i.e., Wah Fu's Common Stock Shares Outstanding and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.85 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Wah Fu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wah Fu Education 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 Wah Fu Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, Wah Fu's
Tax Provision is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 2.3
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.23 in 2024.
Wah Fu fundamental ratios Correlations
Click cells to compare fundamentals
Wah Fu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wah Fu fundamental ratios Accounts
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