MAM Stock | | | 0.52 0.01 1.96% |
Microequities Asset financial indicator trend analysis is infinitely more than just investigating Microequities Asset recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Microequities Asset is a good investment. Please check the relationship between Microequities Asset Non Current Assets Total and its Net Debt accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microequities Asset Management. 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.
Non Current Assets Total vs Net Debt
Non Current Assets Total vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Microequities Asset Non Current Assets Total account and
Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Microequities Asset's Non Current Assets Total and Net Debt is -0.58. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of Microequities Asset Management, assuming nothing else is changed. The correlation between historical values of Microequities Asset's Non Current Assets Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Microequities Asset Management are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Assets Total i.e., Microequities Asset's Non Current Assets Total and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Current Assets Total
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.
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Microequities Asset's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Microequities Asset 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 Microequities Asset Management. 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 gain to about 3.1
M in 2024.
Tax Provision is likely to gain to about 2.7
M in 2024
Microequities Asset fundamental ratios Correlations
Click cells to compare fundamentals
Microequities Asset Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Microequities Asset fundamental ratios Accounts
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Additional Tools for Microequities Stock Analysis
When running Microequities Asset's price analysis, check to
measure Microequities Asset'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 Microequities Asset is operating at the current time. Most of Microequities Asset's value examination focuses on studying past and present price action to
predict the probability of Microequities Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microequities Asset's price. Additionally, you may evaluate how the addition of Microequities Asset to your portfolios can decrease your overall portfolio volatility.