WYY Stock | | | USD 5.08 0.12 2.42% |
Widepoint financial indicator trend analysis is more than just analyzing Widepoint C current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Widepoint C is a good investment. Please check the relationship between Widepoint Stock Based Compensation and its Capital Expenditures accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Widepoint C. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Stock Based Compensation vs Capital Expenditures
Stock Based Compensation vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Widepoint C Stock Based Compensation account and
Capital Expenditures. At this time, the significance of the direction appears to have no relationship.
The correlation between Widepoint's Stock Based Compensation and Capital Expenditures is 0.02. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Widepoint C, assuming nothing else is changed. The correlation between historical values of Widepoint's Stock Based Compensation and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Widepoint C are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Stock Based Compensation i.e., Widepoint's Stock Based Compensation and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Capital Expenditures
Capital Expenditures are funds used by Widepoint C to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Widepoint operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Widepoint's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Widepoint C 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 Widepoint C. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
At this time, Widepoint's
Tax Provision is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 30.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 15.1
M in 2024.
Widepoint fundamental ratios Correlations
Click cells to compare fundamentals
Widepoint Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Widepoint fundamental ratios Accounts
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Additional Tools for Widepoint Stock Analysis
When running Widepoint's price analysis, check to
measure Widepoint'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 Widepoint is operating at the current time. Most of Widepoint's value examination focuses on studying past and present price action to
predict the probability of Widepoint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Widepoint's price. Additionally, you may evaluate how the addition of Widepoint to your portfolios can decrease your overall portfolio volatility.