MTW Stock | | | USD 10.57 0.55 5.49% |
Manitowoc financial indicator trend analysis is infinitely more than just investigating Manitowoc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manitowoc is a good investment. Please check the relationship between Manitowoc Long Term Investments and its Short Long Term Debt accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manitowoc. 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 Manitowoc Stock please use our
How to Invest in Manitowoc guide.
Long Term Investments vs Short Long Term Debt
Long Term Investments vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Manitowoc Long Term Investments account and
Short Long Term Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Manitowoc's Long Term Investments and Short Long Term Debt is 0.23. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Manitowoc, assuming nothing else is changed. The correlation between historical values of Manitowoc's Long Term Investments and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Manitowoc are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Long Term Investments i.e., Manitowoc's Long Term Investments and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Manitowoc balance sheet that represents investments Manitowoc intends to hold for over a year. Manitowoc long term investments may include different instruments such as stocks, bonds, real estate and cash.
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Most indicators from Manitowoc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manitowoc 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 Manitowoc. 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 Manitowoc Stock please use our
How to Invest in Manitowoc guide.At this time, Manitowoc's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 5.8
M in 2024, whereas
Discontinued Operations is likely to drop (241.5
K) in 2024.
Manitowoc fundamental ratios Correlations
Click cells to compare fundamentals
Manitowoc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Manitowoc 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.
Additional Tools for Manitowoc Stock Analysis
When running Manitowoc's price analysis, check to
measure Manitowoc'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 Manitowoc is operating at the current time. Most of Manitowoc's value examination focuses on studying past and present price action to
predict the probability of Manitowoc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manitowoc's price. Additionally, you may evaluate how the addition of Manitowoc to your portfolios can decrease your overall portfolio volatility.