MANU Stock | | | USD 17.03 0.09 0.53% |
Manchester United financial indicator trend analysis is infinitely more than just investigating Manchester United recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manchester United is a good investment. Please check the relationship between Manchester United Book Value Per Share and its Capex To Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manchester United. 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.
For more information on how to buy Manchester Stock please use our
How to Invest in Manchester United guide.
Book Value Per Share vs Capex To Revenue
Book Value Per Share vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Manchester United Book Value Per Share account and
Capex To Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Manchester United's Book Value Per Share and Capex To Revenue is 0.25. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Manchester United, assuming nothing else is changed. The correlation between historical values of Manchester United's Book Value Per Share and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Manchester United are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Book Value Per Share i.e., Manchester United's Book Value Per Share and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Manchester United's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manchester United 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 Manchester United. 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.
For more information on how to buy Manchester Stock please use our
How to Invest in Manchester United guide.At this time, Manchester United's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 166.5
M in 2024, despite the fact that
Tax Provision is likely to grow to (16.7
M).
Manchester United fundamental ratios Correlations
Click cells to compare fundamentals
Manchester United Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Manchester United fundamental ratios Accounts
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Additional Tools for Manchester Stock Analysis
When running Manchester United's price analysis, check to
measure Manchester United'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 Manchester United is operating at the current time. Most of Manchester United's value examination focuses on studying past and present price action to
predict the probability of Manchester United's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manchester United's price. Additionally, you may evaluate how the addition of Manchester United to your portfolios can decrease your overall portfolio volatility.