WISE Stock | | | 937.00 1.00 0.11% |
Wise Plc financial indicator trend analysis is more than just analyzing Wise plc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wise plc is a good investment. Please check the relationship between Wise Plc Cash And Short Term Investments and its Other Stockholder Equity accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wise plc. 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.
Cash And Short Term Investments vs Other Stockholder Equity
Cash And Short Term Investments vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wise plc Cash And Short Term Investments account and
Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Wise Plc's Cash And Short Term Investments and Other Stockholder Equity is -0.19. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Wise plc, assuming nothing else is changed. The correlation between historical values of Wise Plc's Cash And Short Term Investments and Other 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 Cash And Short Term Investments of Wise plc are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., Wise Plc's Cash And Short Term Investments and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Wise plc balance sheet. This account contains Wise Plc investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Wise plc 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.
Other Stockholder Equity
Most indicators from Wise Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wise plc 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 Wise plc. 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.
Selling General Administrative is likely to gain to about 233.5
M in 2024.
Tax Provision is likely to gain to about 133.1
M in 2024
Wise Plc fundamental ratios Correlations
Click cells to compare fundamentals
Wise Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wise Plc fundamental ratios Accounts
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Additional Tools for Wise Stock Analysis
When running Wise Plc's price analysis, check to
measure Wise Plc'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 Wise Plc is operating at the current time. Most of Wise Plc's value examination focuses on studying past and present price action to
predict the probability of Wise Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wise Plc's price. Additionally, you may evaluate how the addition of Wise Plc to your portfolios can decrease your overall portfolio volatility.