MNTX Stock | | | USD 5.74 0.01 0.17% |
Manitex International financial indicator trend analysis is infinitely more than just investigating Manitex International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manitex International is a good investment. Please check the relationship between Manitex International Good Will and its Capital Stock accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manitex International. 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.
For more information on how to buy Manitex Stock please use our
How to Invest in Manitex International guide.
Good Will vs Capital Stock
Good Will vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Manitex International Good Will account and
Capital Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Manitex International's Good Will and Capital Stock is -0.05. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Manitex International, assuming nothing else is changed. The correlation between historical values of Manitex International's Good Will and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Manitex International are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Good Will i.e., Manitex International's Good Will and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Manitex International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manitex International 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 Manitex International. 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.
For more information on how to buy Manitex Stock please use our
How to Invest in Manitex International guide.At this time, Manitex International's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.12 in 2024, whereas
Selling General Administrative is likely to drop slightly above 25.9
M in 2024.
Manitex International fundamental ratios Correlations
Click cells to compare fundamentals
Manitex International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Manitex International fundamental ratios Accounts
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Additional Tools for Manitex Stock Analysis
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measure Manitex International'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 Manitex International is operating at the current time. Most of Manitex International's value examination focuses on studying past and present price action to
predict the probability of Manitex International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manitex International's price. Additionally, you may evaluate how the addition of Manitex International to your portfolios can decrease your overall portfolio volatility.