0JX5 Stock | | | 21.20 0.07 0.33% |
Macerich financial indicator trend analysis is infinitely more than just investigating Macerich recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Macerich is a good investment. Please check the relationship between Macerich Intangible Assets and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Macerich Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Intangible Assets vs Inventory
Intangible Assets vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Macerich Intangible Assets account and
Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Macerich's Intangible Assets and Inventory is -0.33. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of Macerich Co, assuming nothing else is changed. The correlation between historical values of Macerich's Intangible Assets and Inventory 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 Macerich Co are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Intangible Assets i.e., Macerich's Intangible Assets and Inventory go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Inventory
Most indicators from Macerich's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Macerich 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Macerich Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 18.9
M in 2024.
Tax Provision is likely to gain to about (382.2
K) in 2024
Macerich fundamental ratios Correlations
Click cells to compare fundamentals
Macerich Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Macerich fundamental ratios Accounts
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Additional Tools for Macerich Stock Analysis
When running Macerich's price analysis, check to
measure Macerich'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 Macerich is operating at the current time. Most of Macerich's value examination focuses on studying past and present price action to
predict the probability of Macerich's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macerich's price. Additionally, you may evaluate how the addition of Macerich to your portfolios can decrease your overall portfolio volatility.