MOV Stock | | | USD 19.60 0.53 2.78% |
Movado financial indicator trend analysis is infinitely more than just investigating Movado Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Movado Group is a good investment. Please check the relationship between Movado Net Income and its Dividends Paid accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Movado Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Net Income vs Dividends Paid
Net Income vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Movado Group Net Income account and
Dividends Paid. At this time, the significance of the direction appears to have weak relationship.
The correlation between Movado's Net Income and Dividends Paid is 0.36. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Movado Group, assuming nothing else is changed. The correlation between historical values of Movado's Net Income and Dividends Paid 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 Income of Movado Group are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Net Income i.e., Movado's Net Income and Dividends Paid go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Movado Group financial statement analysis. It represents the amount of money remaining after all of Movado Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Movado's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Movado Group 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 Movado Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
At this time, Movado's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 12.8
M in 2024, whereas
Enterprise Value is likely to drop slightly above 292.8
M in 2024.
Movado fundamental ratios Correlations
Click cells to compare fundamentals
Movado Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Movado fundamental ratios Accounts
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Additional Tools for Movado Stock Analysis
When running Movado's price analysis, check to
measure Movado'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 Movado is operating at the current time. Most of Movado's value examination focuses on studying past and present price action to
predict the probability of Movado's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Movado's price. Additionally, you may evaluate how the addition of Movado to your portfolios can decrease your overall portfolio volatility.