LUV Stock | | | USD 31.78 0.52 1.66% |
Southwest Airlines financial indicator trend analysis is much more than just breaking down Southwest Airlines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southwest Airlines is a good investment. Please check the relationship between Southwest Airlines Reconciled Depreciation and its Ebit accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Southwest Airlines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Southwest Stock please use our
How to Invest in Southwest Airlines guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Southwest Airlines Reconciled Depreciation account and
Ebit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Southwest Airlines' Reconciled Depreciation and Ebit is -0.26. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Ebit in the same time period over historical financial statements of Southwest Airlines, assuming nothing else is changed. The correlation between historical values of Southwest Airlines' Reconciled Depreciation and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Southwest Airlines are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Reconciled Depreciation i.e., Southwest Airlines' Reconciled Depreciation and Ebit go up and down completely randomly.
Correlation Coefficient | -0.26 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from Southwest Airlines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southwest Airlines 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Southwest Airlines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Southwest Stock please use our
How to Invest in Southwest Airlines guide.At this time, Southwest Airlines'
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to climb to 7.70 in 2024, whereas
Tax Provision is likely to drop slightly above 130.2
M in 2024.
When running Southwest Airlines' price analysis, check to
measure Southwest Airlines' 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 Southwest Airlines is operating at the current time. Most of Southwest Airlines' value examination focuses on studying past and present price action to
predict the probability of Southwest Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southwest Airlines' price. Additionally, you may evaluate how the addition of Southwest Airlines to your portfolios can decrease your overall portfolio volatility.