MONTECARLO | | | 838.60 25.35 3.12% |
Monte Carlo financial indicator trend analysis is infinitely more than just investigating Monte Carlo Fashions recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monte Carlo Fashions is a good investment. Please check the relationship between Monte Carlo Depreciation And Amortization and its Net Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monte Carlo Fashions. 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.
Depreciation And Amortization vs Net Income
Depreciation And Amortization vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Monte Carlo Fashions Depreciation And Amortization account and
Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Monte Carlo's Depreciation And Amortization and Net Income is 0.56. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Income in the same time period over historical financial statements of Monte Carlo Fashions, assuming nothing else is changed. The correlation between historical values of Monte Carlo's Depreciation And Amortization and Net Income 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 Monte Carlo Fashions are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Depreciation And Amortization i.e., Monte Carlo's Depreciation And Amortization and Net Income go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Monte Carlo Fashions financial statement analysis. It represents the amount of money remaining after all of Monte Carlo Fashions operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Monte Carlo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monte Carlo Fashions 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 Monte Carlo Fashions. 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.
The current year's
Selling General Administrative is expected to grow to about 58.5
M. The current year's
Tax Provision is expected to grow to about 316
MMonte Carlo fundamental ratios Correlations
Click cells to compare fundamentals
Monte Carlo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Monte Carlo fundamental ratios Accounts
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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.
Other Information on Investing in Monte Stock
Balance Sheet is a snapshot of the
financial position of Monte Carlo Fashions at a specified time, usually calculated after every quarter, six months, or one year. Monte Carlo Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Monte Carlo 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 Monte currently owns. An asset can also be divided into two categories, current and non-current.