Weave Fixed Asset Turnover from 2010 to 2024
| WEAV Stock | USD 8.93 0.04 0.45% |
Fixed Asset Turnover | First Reported 2010-12-31 | Previous Quarter 2.76774204 | Current Value 3.75 | Quarterly Volatility 0.62891353 |
Check Weave Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Weave main balance sheet or income statement drivers, such as Tax Provision of 178.5 K, Depreciation And Amortization of 16.3 M or Interest Expense of 1.4 M, as well as many exotic indicators such as Price To Sales Ratio of 4.48, Dividend Yield of 0.0 or PTB Ratio of 15.96. Weave financial statements analysis is a perfect complement when working with Weave Communications Valuation or Volatility modules.
Weave | Fixed Asset Turnover |
Latest Weave Communications' Fixed Asset Turnover Growth Pattern
Below is the plot of the Fixed Asset Turnover of Weave Communications over the last few years. It is Weave Communications' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Weave Communications' overall financial position and show how it may be relating to other accounts over time.
| Fixed Asset Turnover | 10 Years Trend |
|
Fixed Asset Turnover |
| Timeline |
Weave Fixed Asset Turnover Regression Statistics
| Arithmetic Mean | 3.22 | |
| Geometric Mean | 3.16 | |
| Coefficient Of Variation | 19.55 | |
| Mean Deviation | 0.43 | |
| Median | 3.05 | |
| Standard Deviation | 0.63 | |
| Sample Variance | 0.40 | |
| Range | 2.591 | |
| R-Value | 0.24 | |
| Mean Square Error | 0.40 | |
| R-Squared | 0.06 | |
| Significance | 0.40 | |
| Slope | 0.03 | |
| Total Sum of Squares | 5.54 |
Weave Fixed Asset Turnover History
About Weave Communications Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Weave Communications income statement, its balance sheet, and the statement of cash flows. Weave Communications investors use historical funamental indicators, such as Weave Communications's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Weave Communications investors may use each financial statement separately, they are all related. The changes in Weave Communications's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Weave Communications's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Weave Communications Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Weave Communications. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Fixed Asset Turnover | 2.77 | 3.75 |
Pair Trading with Weave Communications
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Weave Communications position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Weave Communications will appreciate offsetting losses from the drop in the long position's value.Moving against Weave Stock
| 0.76 | SY | So Young International Earnings Call Today | PairCorr |
| 0.66 | EUDAW | EUDA Health Holdings | PairCorr |
| 0.43 | LFMD | LifeMD Inc | PairCorr |
The ability to find closely correlated positions to Weave Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Weave Communications when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Weave Communications - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Weave Communications to buy it.
The correlation of Weave Communications is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Weave Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Weave Communications moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Weave Communications can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Weave Communications Correlation against competitors. For more information on how to buy Weave Stock please use our How to Invest in Weave Communications guide.Note that the Weave Communications information on this page should be used as a complementary analysis to other Weave Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Weave Stock analysis
When running Weave Communications' price analysis, check to measure Weave Communications' 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 Weave Communications is operating at the current time. Most of Weave Communications' value examination focuses on studying past and present price action to predict the probability of Weave Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weave Communications' price. Additionally, you may evaluate how the addition of Weave Communications to your portfolios can decrease your overall portfolio volatility.
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Is Weave Communications' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Weave Communications. If investors know Weave will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Weave Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.44) | Revenue Per Share 2.588 | Quarterly Revenue Growth 0.192 | Return On Assets (0.11) | Return On Equity (0.40) |
The market value of Weave Communications is measured differently than its book value, which is the value of Weave that is recorded on the company's balance sheet. Investors also form their own opinion of Weave Communications' value that differs from its market value or its book value, called intrinsic value, which is Weave Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Weave Communications' market value can be influenced by many factors that don't directly affect Weave Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Weave Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Weave Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weave Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.