CW Stock | | | USD 373.63 2.26 0.61% |
Curtiss Wright financial indicator trend analysis is way more than just evaluating Curtiss Wright prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Curtiss Wright is a good investment. Please check the relationship between Curtiss Wright Good Will and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Curtiss Wright. 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 Curtiss Stock please use our
How to Invest in Curtiss Wright guide.
Good Will vs Total Assets
Good Will vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Curtiss Wright Good Will account and
Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Curtiss Wright's Good Will and Total Assets is 0.86. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Assets in the same time period over historical financial statements of Curtiss Wright, assuming nothing else is changed. The correlation between historical values of Curtiss Wright's Good Will and Total 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 Good Will of Curtiss Wright are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Good Will i.e., Curtiss Wright's Good Will and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Total Assets
Total assets refers to the total amount of Curtiss Wright assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Curtiss Wright books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Curtiss Wright's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Curtiss Wright 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Curtiss Wright. 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 Curtiss Stock please use our
How to Invest in Curtiss Wright guide.At this time, Curtiss Wright's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 6.2
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 211.6
M in 2024.
Curtiss Wright fundamental ratios Correlations
Click cells to compare fundamentals
Curtiss Wright Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Curtiss Wright fundamental ratios Accounts
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Additional Tools for Curtiss Stock Analysis
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measure Curtiss Wright'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 Curtiss Wright is operating at the current time. Most of Curtiss Wright's value examination focuses on studying past and present price action to
predict the probability of Curtiss Wright's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Curtiss Wright's price. Additionally, you may evaluate how the addition of Curtiss Wright to your portfolios can decrease your overall portfolio volatility.