MoneyHero Net Working Capital vs Short Term Investments Analysis
MNY Stock | 1.15 0.09 7.26% |
MoneyHero Limited financial indicator trend analysis is infinitely more than just investigating MoneyHero Limited Class recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MoneyHero Limited Class is a good investment. Please check the relationship between MoneyHero Limited Net Working Capital and its Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MoneyHero Limited Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Net Working Capital vs Short Term Investments
Net Working Capital vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MoneyHero Limited Class Net Working Capital account and Short Term Investments. At this time, the significance of the direction appears to have totally related.
The correlation between MoneyHero Limited's Net Working Capital and Short Term Investments is 1.0. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of MoneyHero Limited Class, assuming nothing else is changed. The correlation between historical values of MoneyHero Limited's Net Working Capital and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of MoneyHero Limited Class are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Working Capital i.e., MoneyHero Limited's Net Working Capital and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Working Capital
Short Term Investments
Short Term Investments is an item under the current assets section of MoneyHero Limited balance sheet. It contains any investments MoneyHero Limited Class undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that MoneyHero Limited Class can easily liquidate in the marketplace.Most indicators from MoneyHero Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MoneyHero Limited Class 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 MoneyHero Limited Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, MoneyHero Limited's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 71.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 88.0M | 105.1M | 110.7M | 83.6M | Depreciation And Amortization | 3.9M | 4.8M | 7.2M | 4.4M |
MoneyHero Limited fundamental ratios Correlations
Click cells to compare fundamentals
MoneyHero Limited Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for MoneyHero Stock Analysis
When running MoneyHero Limited's price analysis, check to measure MoneyHero Limited'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 MoneyHero Limited is operating at the current time. Most of MoneyHero Limited's value examination focuses on studying past and present price action to predict the probability of MoneyHero Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MoneyHero Limited's price. Additionally, you may evaluate how the addition of MoneyHero Limited to your portfolios can decrease your overall portfolio volatility.