CMU Stock | | | USD 3.55 0.03 0.84% |
MFS High financial indicator trend analysis is infinitely more than just investigating MFS High Yield recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MFS High Yield is a good investment. Please check the relationship between MFS High Total Assets and its Capital Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS High Yield. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Total Assets vs Capital Stock
Total Assets vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MFS High Yield Total Assets account and
Capital Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between MFS High's Total Assets and Capital Stock is 0.79. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Capital Stock in the same time period over historical financial statements of MFS High Yield, assuming nothing else is changed. The correlation between historical values of MFS High's Total Assets and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of MFS High Yield are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Assets i.e., MFS High's Total Assets and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of MFS High assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in MFS High Yield books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from MFS High's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MFS High Yield 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 MFS High Yield. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Enterprise Value is likely to gain to about 197.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 245.9
K in 2024.
MFS High fundamental ratios Correlations
Click cells to compare fundamentals
MFS High Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MFS High fundamental ratios Accounts
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Additional Tools for MFS Stock Analysis
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