Weyco Non Current Assets Total from 2010 to 2024
| WEYS Stock | USD 30.04 0.36 1.18% |
Non Current Assets Total | First Reported 1985-12-31 | Previous Quarter 119.2 M | Current Value 117.2 M | Quarterly Volatility 47.1 M |
Check Weyco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Weyco's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.6 M, Interest Expense of 302.6 K or Total Revenue of 224.7 M, as well as many indicators such as Price To Sales Ratio of 0.68, Dividend Yield of 0.0192 or PTB Ratio of 1.68. Weyco financial statements analysis is a perfect complement when working with Weyco Valuation or Volatility modules.
Weyco | Non Current Assets Total |
Latest Weyco's Non Current Assets Total Growth Pattern
Below is the plot of the Non Current Assets Total of Weyco Group over the last few years. It is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. Weyco's Non Current Assets Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Weyco's overall financial position and show how it may be relating to other accounts over time.
| Non Current Assets Total | 10 Years Trend |
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Non Current Assets Total |
| Timeline |
Weyco Non Current Assets Total Regression Statistics
| Arithmetic Mean | 114,308,714 | |
| Geometric Mean | 98,518,884 | |
| Coefficient Of Variation | 29.56 | |
| Mean Deviation | 19,629,963 | |
| Median | 120,490,000 | |
| Standard Deviation | 33,789,431 | |
| Sample Variance | 1141.7T | |
| Range | 139.7M | |
| R-Value | 0.11 | |
| Mean Square Error | 1215.4T | |
| R-Squared | 0.01 | |
| Significance | 0.70 | |
| Slope | 810,835 | |
| Total Sum of Squares | 15984.2T |
Weyco Non Current Assets Total History
About Weyco Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Weyco income statement, its balance sheet, and the statement of cash flows. Weyco investors use historical funamental indicators, such as Weyco's Non Current Assets Total, to determine how well the company is positioned to perform in the future. Although Weyco investors may use each financial statement separately, they are all related. The changes in Weyco's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Weyco'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 Weyco Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Weyco. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Non Current Assets Total | 119.2 M | 75.8 M |
Pair Trading with Weyco
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 Weyco 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 Weyco will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Weyco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Weyco 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 Weyco - 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 Weyco Group to buy it.
The correlation of Weyco 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 Weyco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Weyco Group 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 Weyco 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.Additional Tools for Weyco Stock Analysis
When running Weyco's price analysis, check to measure Weyco'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 Weyco is operating at the current time. Most of Weyco's value examination focuses on studying past and present price action to predict the probability of Weyco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weyco's price. Additionally, you may evaluate how the addition of Weyco to your portfolios can decrease your overall portfolio volatility.