Marvel Gold financial indicator trend analysis is infinitely more than just investigating Marvel Gold recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marvel Gold is a good investment. Please check the relationship between Marvel Gold Income Before Tax and its Total Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marvel Gold. 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.
Income Before Tax vs Total Revenue
Income Before Tax vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Marvel Gold Income Before Tax account and
Total Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Marvel Gold's Income Before Tax and Total Revenue is -0.23. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Marvel Gold, assuming nothing else is changed. The correlation between historical values of Marvel Gold's Income Before Tax and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Marvel Gold are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., Marvel Gold's Income Before Tax and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Marvel Gold income statement and is an important metric when analyzing Marvel Gold profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Total Revenue
Total revenue comprises all receipts Marvel Gold generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Marvel Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marvel Gold 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 Marvel Gold. 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 622.1
K in 2024.
Issuance Of Capital Stock is likely to drop to about 1.8
M in 2024
Marvel Gold fundamental ratios Correlations
Click cells to compare fundamentals
Marvel Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marvel Gold fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Marvel Stock Analysis
When running Marvel Gold's price analysis, check to
measure Marvel Gold'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 Marvel Gold is operating at the current time. Most of Marvel Gold's value examination focuses on studying past and present price action to
predict the probability of Marvel Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marvel Gold's price. Additionally, you may evaluate how the addition of Marvel Gold to your portfolios can decrease your overall portfolio volatility.