MMS Stock | | | USD 72.50 0.40 0.55% |
Maximus financial indicator trend analysis is infinitely more than just investigating Maximus recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maximus is a good investment. Please check the relationship between Maximus Depreciation And Amortization and its Cost Of Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maximus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Maximus Stock please use our
How to Invest in Maximus guide.
Depreciation And Amortization vs Cost Of Revenue
Depreciation And Amortization vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Maximus Depreciation And Amortization account and
Cost Of Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Maximus' Depreciation And Amortization and Cost Of Revenue is 0.86. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Maximus, assuming nothing else is changed. The correlation between historical values of Maximus' Depreciation And Amortization and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Maximus are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Depreciation And Amortization i.e., Maximus' Depreciation And Amortization and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Cost Of Revenue
Cost of Revenue is found on Maximus income statement and represents the costs associated with goods and services Maximus provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Maximus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maximus 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 Maximus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Maximus Stock please use our
How to Invest in Maximus guide.At this time, Maximus'
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 14.40 in 2024, whereas
Tax Provision is likely to drop slightly above 68
M in 2024.
Maximus fundamental ratios Correlations
Click cells to compare fundamentals
Maximus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Maximus fundamental ratios Accounts
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Additional Tools for Maximus Stock Analysis
When running Maximus' price analysis, check to
measure Maximus' 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 Maximus is operating at the current time. Most of Maximus' value examination focuses on studying past and present price action to
predict the probability of Maximus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maximus' price. Additionally, you may evaluate how the addition of Maximus to your portfolios can decrease your overall portfolio volatility.