MAF Stock | | | 6.60 0.13 2.01% |
MA Financial financial indicator trend analysis is infinitely more than just investigating MA Financial Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MA Financial Group is a good investment. Please check the relationship between MA Financial Long Term Investments and its Non Currrent Assets Other accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MA Financial Group. 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.
Long Term Investments vs Non Currrent Assets Other
Long Term Investments vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MA Financial Group Long Term Investments account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MA Financial's Long Term Investments and Non Currrent Assets Other is -0.56. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of MA Financial Group, assuming nothing else is changed. The correlation between historical values of MA Financial's Long Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of MA Financial Group are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Long Term Investments i.e., MA Financial's Long Term Investments and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of MA Financial balance sheet that represents investments MA Financial Group intends to hold for over a year. MA Financial Group long term investments may include different instruments such as stocks, bonds, real estate and cash.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from MA Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MA Financial Group 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MA Financial Group. 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.
At this time, MA Financial's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 36.1
M in 2024, whereas
Tax Provision is likely to drop slightly above 12.1
M in 2024.
MA Financial fundamental ratios Correlations
Click cells to compare fundamentals
MA Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MA Financial fundamental ratios Accounts
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Additional Tools for MAF Stock Analysis
When running MA Financial's price analysis, check to
measure MA Financial'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 MA Financial is operating at the current time. Most of MA Financial's value examination focuses on studying past and present price action to
predict the probability of MA Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MA Financial's price. Additionally, you may evaluate how the addition of MA Financial to your portfolios can decrease your overall portfolio volatility.