MUN Stock | | | CAD 0.18 0.00 0.00% |
Mundoro Capital financial indicator trend analysis is infinitely more than just investigating Mundoro Capital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mundoro Capital is a good investment. Please check the relationship between Mundoro Capital Property Plant And Equipment Gross and its Cash accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mundoro Capital. 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.
Property Plant And Equipment Gross vs Cash
Property Plant And Equipment Gross vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mundoro Capital Property Plant And Equipment Gross account and
Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Mundoro Capital's Property Plant And Equipment Gross and Cash is -0.51. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Cash in the same time period over historical financial statements of Mundoro Capital, assuming nothing else is changed. The correlation between historical values of Mundoro Capital's Property Plant And Equipment Gross and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Mundoro Capital are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Gross i.e., Mundoro Capital's Property Plant And Equipment Gross and Cash go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant And Equipment Gross
Cash
Cash refers to the most liquid asset of Mundoro Capital, which is listed under current asset account on Mundoro Capital balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Mundoro Capital customers. The amounts must be unrestricted with restricted cash listed in a different Mundoro Capital account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Mundoro Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mundoro Capital 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 Mundoro Capital. 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 is likely to drop to about 1
M in 2024.
Tax Provision is likely to drop to about 103.7
K in 2024
Mundoro Capital fundamental ratios Correlations
Click cells to compare fundamentals
Mundoro Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mundoro Capital fundamental ratios Accounts
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Additional Tools for Mundoro Stock Analysis
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measure Mundoro Capital'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 Mundoro Capital is operating at the current time. Most of Mundoro Capital's value examination focuses on studying past and present price action to
predict the probability of Mundoro Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mundoro Capital's price. Additionally, you may evaluate how the addition of Mundoro Capital to your portfolios can decrease your overall portfolio volatility.