| WALDW Stock | | | USD 0.14 0.01 7.69% |
Waldencast Acquisition financial indicator trend analysis is more than just analyzing Waldencast Acquisition current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Waldencast Acquisition is a good investment. Please check the relationship between Waldencast Acquisition Intangible Assets and its Net Working Capital accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waldencast Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Intangible Assets vs Net Working Capital
Intangible Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Waldencast Acquisition Intangible Assets account and
Net Working Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Waldencast Acquisition's Intangible Assets and Net Working Capital is 0.87. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Waldencast Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Waldencast Acquisition's Intangible Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Waldencast Acquisition Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Intangible Assets i.e., Waldencast Acquisition's Intangible Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.87 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Net Working Capital
Most indicators from Waldencast Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Waldencast Acquisition 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 Waldencast Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
At this time, Waldencast Acquisition's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 149.6
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.05 in 2024.
Waldencast Acquisition fundamental ratios Correlations
Click cells to compare fundamentals
Waldencast Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Waldencast Stock Analysis
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measure Waldencast Acquisition'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 Waldencast Acquisition is operating at the current time. Most of Waldencast Acquisition's value examination focuses on studying past and present price action to
predict the probability of Waldencast Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waldencast Acquisition's price. Additionally, you may evaluate how the addition of Waldencast Acquisition to your portfolios can decrease your overall portfolio volatility.