WEX Stock | | | USD 171.67 0.68 0.40% |
Wex financial indicator trend analysis is more than just analyzing Wex Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wex Inc is a good investment. Please check the relationship between Wex Short Term Debt and its Capital Stock accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wex Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Short Term Debt vs Capital Stock
Short Term Debt vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wex Inc Short Term Debt account and
Capital Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Wex's Short Term Debt and Capital Stock is 0.59. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Wex Inc, assuming nothing else is changed. The correlation between historical values of Wex's Short Term Debt and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Wex Inc are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Short Term Debt i.e., Wex's Short Term Debt and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Short Term Debt
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Wex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wex Inc 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 Wex Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, Wex's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.29 in 2024, whereas
Tax Provision is likely to drop slightly above 62.2
M in 2024.
Wex fundamental ratios Correlations
Click cells to compare fundamentals
Wex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wex fundamental ratios Accounts
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Additional Tools for Wex Stock Analysis
When running Wex's price analysis, check to
measure Wex'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 Wex is operating at the current time. Most of Wex's value examination focuses on studying past and present price action to
predict the probability of Wex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wex's price. Additionally, you may evaluate how the addition of Wex to your portfolios can decrease your overall portfolio volatility.