MIRCELECTR | | | 20.69 0.02 0.1% |
MIRC Electronics financial indicator trend analysis is infinitely more than just investigating MIRC Electronics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MIRC Electronics is a good investment. Please check the relationship between MIRC Electronics Dividends Paid and its Change To Operating Activities accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIRC Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Dividends Paid vs Change To Operating Activities
Dividends Paid vs Change To Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MIRC Electronics Dividends Paid account and
Change To Operating Activities. At this time, the significance of the direction appears to have weak relationship.
The correlation between MIRC Electronics' Dividends Paid and Change To Operating Activities is 0.39. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of MIRC Electronics Limited, assuming nothing else is changed. The correlation between historical values of MIRC Electronics' Dividends Paid and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of MIRC Electronics Limited are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Dividends Paid i.e., MIRC Electronics' Dividends Paid and Change To Operating Activities go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Change To Operating Activities
Most indicators from MIRC Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MIRC Electronics 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 MIRC Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
As of November 29, 2024,
Selling General Administrative is expected to decline to about 48.7
MMIRC Electronics fundamental ratios Correlations
Click cells to compare fundamentals
MIRC Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MIRC Electronics fundamental ratios Accounts
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Other Information on Investing in MIRC Stock
Balance Sheet is a snapshot of the
financial position of MIRC Electronics at a specified time, usually calculated after every quarter, six months, or one year. MIRC Electronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MIRC Electronics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which MIRC currently owns. An asset can also be divided into two categories, current and non-current.