| MATX Stock | | | USD 153.95 1.31 0.86% |
Matson financial indicator trend analysis is infinitely more than just investigating Matson Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Matson Inc is a good investment. Please check the relationship between Matson Common Stock Shares Outstanding and its Cash accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matson Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Common Stock Shares Outstanding vs Cash
Common Stock Shares Outstanding vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Matson Inc Common Stock Shares Outstanding account and
Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Matson's Common Stock Shares Outstanding and Cash is -0.25. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash in the same time period over historical financial statements of Matson Inc, assuming nothing else is changed. The correlation between historical values of Matson's Common Stock Shares Outstanding and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Matson Inc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Shares Outstanding i.e., Matson's Common Stock Shares Outstanding and Cash go up and down completely randomly.
Correlation Coefficient | -0.25 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Cash
Cash refers to the most liquid asset of Matson Inc, which is listed under current asset account on Matson Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Matson customers. The amounts must be unrestricted with restricted cash listed in a different Matson account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Matson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Matson Inc 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 Matson Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Matson's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.1 in 2024, whereas
Selling General Administrative is likely to drop slightly above 174
M in 2024.
Matson fundamental ratios Correlations
Click cells to compare fundamentals
Matson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Matson fundamental ratios Accounts
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Additional Tools for Matson Stock Analysis
When running Matson's price analysis, check to
measure Matson'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 Matson is operating at the current time. Most of Matson's value examination focuses on studying past and present price action to
predict the probability of Matson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matson's price. Additionally, you may evaluate how the addition of Matson to your portfolios can decrease your overall portfolio volatility.