MPA Stock | | | 0.07 0.01 7.25% |
Mad Paws financial indicator trend analysis is infinitely more than just investigating Mad Paws Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mad Paws Holdings is a good investment. Please check the relationship between Mad Paws Selling General Administrative and its Total Operating Expenses accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mad Paws Holdings. 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.
Selling General Administrative vs Total Operating Expenses
Selling General Administrative vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mad Paws Holdings Selling General Administrative account and
Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mad Paws' Selling General Administrative and Total Operating Expenses is 0.74. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Mad Paws Holdings, assuming nothing else is changed. The correlation between historical values of Mad Paws' Selling General Administrative and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Mad Paws Holdings are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Selling General Administrative i.e., Mad Paws' Selling General Administrative and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Selling General Administrative
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Mad Paws' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mad Paws Holdings 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 Mad Paws Holdings. 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.
Tax Provision is likely to gain to about (236
K) in 2024. Selling General Administrative is likely to drop to about 4
M in 2024
Mad Paws fundamental ratios Correlations
Click cells to compare fundamentals
Mad Paws Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mad Paws fundamental ratios Accounts
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