MYSZ Stock | | | USD 1.29 0.05 3.73% |
My Size financial indicator trend analysis is infinitely more than just investigating My Size recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether My Size is a good investment. Please check the relationship between My Size Asset Turnover and its Gross Profit Margin accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in My Size. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy MYSZ Stock please use our
How to Invest in My Size guide.
Asset Turnover vs Gross Profit Margin
Asset Turnover vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
My Size Asset Turnover account and
Gross Profit Margin. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between My Size's Asset Turnover and Gross Profit Margin is -0.38. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of My Size, assuming nothing else is changed. The correlation between historical values of My Size's Asset Turnover and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of My Size are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Asset Turnover i.e., My Size's Asset Turnover and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Gross Profit Margin
Most indicators from My Size's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into My Size 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 My Size. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy MYSZ Stock please use our
How to Invest in My Size guide.
Issuance Of Capital Stock is likely to rise to about 6.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.2
M in 2024.
My Size fundamental ratios Correlations
Click cells to compare fundamentals
My Size Account Relationship Matchups
High Positive Relationship
High Negative Relationship
My Size fundamental ratios Accounts
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Additional Tools for MYSZ Stock Analysis
When running My Size's price analysis, check to
measure My Size'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 My Size is operating at the current time. Most of My Size's value examination focuses on studying past and present price action to
predict the probability of My Size's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move My Size's price. Additionally, you may evaluate how the addition of My Size to your portfolios can decrease your overall portfolio volatility.