MANU Stock | | | USD 17.50 0.04 0.23% |
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 Gross Profit Margin and its Total Current Assets 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.
Gross Profit Margin vs Total Current Assets
Gross Profit Margin vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Manchester United Gross Profit Margin account and
Total Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Manchester United's Gross Profit Margin and Total Current Assets is 0.17. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Total Current Assets 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 Gross Profit Margin and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Manchester United are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Gross Profit Margin i.e., Manchester United's Gross Profit Margin and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Gross Profit Margin
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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, whereas
Enterprise Value is likely to drop slightly above 1.8
B in 2024.
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.