MAS Stock | | | USD 82.17 3.16 4.00% |
Masco financial indicator trend analysis is infinitely more than just investigating Masco recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Masco is a good investment. Please check the relationship between Masco Inventory and its Total Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Masco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Masco Stock please use our
How to Invest in Masco guide.
Inventory vs Total Assets
Inventory vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Masco Inventory account and
Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Masco's Inventory and Total Assets is 0.44. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Assets in the same time period over historical financial statements of Masco, assuming nothing else is changed. The correlation between historical values of Masco's Inventory and Total 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 Inventory of Masco are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Inventory i.e., Masco's Inventory and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Inventory
Total Assets
Total assets refers to the total amount of Masco 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 Masco 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.
Most indicators from Masco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Masco 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 Masco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Masco Stock please use our
How to Invest in Masco guide.At this time, Masco's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 499.9
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 9.38 in 2024.
Masco fundamental ratios Correlations
Click cells to compare fundamentals
Masco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Masco fundamental ratios Accounts
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Additional Tools for Masco Stock Analysis
When running Masco's price analysis, check to
measure Masco'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 Masco is operating at the current time. Most of Masco's value examination focuses on studying past and present price action to
predict the probability of Masco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Masco's price. Additionally, you may evaluate how the addition of Masco to your portfolios can decrease your overall portfolio volatility.