WST Stock | | | USD 331.40 0.00 0.00% |
West Pharmaceutical financial indicator trend analysis is more than just analyzing West Pharmaceutical current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether West Pharmaceutical is a good investment. Please check the relationship between West Pharmaceutical Common Stock Shares Outstanding and its Property Plant And Equipment Gross accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Pharmaceutical Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Common Stock Shares Outstanding vs Property Plant And Equipment Gross
Common Stock Shares Outstanding vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
West Pharmaceutical Common Stock Shares Outstanding account and
Property Plant And Equipment Gross. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between West Pharmaceutical's Common Stock Shares Outstanding and Property Plant And Equipment Gross is 0.48. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of West Pharmaceutical Services, assuming nothing else is changed. The correlation between historical values of West Pharmaceutical's Common Stock Shares Outstanding and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of West Pharmaceutical Services are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Common Stock Shares Outstanding i.e., West Pharmaceutical's Common Stock Shares Outstanding and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Property Plant And Equipment Gross
Most indicators from West Pharmaceutical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into West Pharmaceutical 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 West Pharmaceutical Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
At this time, West Pharmaceutical's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 31.87 in 2024, whereas
Enterprise Value is likely to drop slightly above 252.4
M in 2024.
West Pharmaceutical fundamental ratios Correlations
Click cells to compare fundamentals
West Pharmaceutical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
West Pharmaceutical fundamental ratios Accounts
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