| MDRR Stock | | | USD 12.31 0.09 0.74% |
Medalist Diversified financial indicator trend analysis is infinitely more than just investigating Medalist Diversified Reit recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Medalist Diversified Reit is a good investment. Please check the relationship between Medalist Diversified Capital Expenditures and its Depreciation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medalist Diversified Reit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Capital Expenditures vs Depreciation
Capital Expenditures vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Medalist Diversified Reit Capital Expenditures account and
Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Medalist Diversified's Capital Expenditures and Depreciation is 0.65. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Medalist Diversified Reit, assuming nothing else is changed. The correlation between historical values of Medalist Diversified's Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Medalist Diversified Reit are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Medalist Diversified's Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.65 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Capital Expenditures
Capital Expenditures are funds used by Medalist Diversified Reit to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Medalist Diversified operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Depreciation
Depreciation indicates how much of Medalist Diversified Reit value has been used up. For tax purposes Medalist Diversified can deduct the cost of the tangible assets it purchases as business expenses. However, Medalist Diversified Reit must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Medalist Diversified's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Medalist Diversified Reit 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 Medalist Diversified Reit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, Medalist Diversified's
Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/26/2024,
Enterprise Value Over EBITDA is likely to grow to 35.57, while
Issuance Of Capital Stock is likely to drop 0.00.
Medalist Diversified fundamental ratios Correlations
Click cells to compare fundamentals
Medalist Diversified Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Medalist Diversified fundamental ratios Accounts
Additional Tools for Medalist Stock Analysis
When running Medalist Diversified's price analysis, check to
measure Medalist Diversified'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 Medalist Diversified is operating at the current time. Most of Medalist Diversified's value examination focuses on studying past and present price action to
predict the probability of Medalist Diversified's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medalist Diversified's price. Additionally, you may evaluate how the addition of Medalist Diversified to your portfolios can decrease your overall portfolio volatility.