CMU Stock | | | USD 3.56 0.01 0.28% |
MFS High financial indicator trend analysis is infinitely more than just investigating MFS High Yield recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MFS High Yield is a good investment. Please check the relationship between MFS High Interest Income and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS High Yield. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Interest Income vs Operating Income
Interest Income vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MFS High Yield Interest Income account and
Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between MFS High's Interest Income and Operating Income is -0.49. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of MFS High Yield, assuming nothing else is changed. The correlation between historical values of MFS High's Interest Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of MFS High Yield are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Interest Income i.e., MFS High's Interest Income and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Operating Income
Operating Income is the amount of profit realized from MFS High Yield operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of MFS High Yield is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from MFS High's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MFS High Yield 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS High Yield. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Enterprise Value is likely to gain to about 197.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 245.9
K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Net Interest Income | 6.2M | 5.1M | 4.6M | 6.0M | Interest Income | 7.7M | 8.1M | 9.3M | 6.4M |
MFS High fundamental ratios Correlations
Click cells to compare fundamentals
MFS High Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MFS High fundamental ratios Accounts
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Additional Tools for MFS Stock Analysis
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