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 Total Cash From Financing Activities and its Net 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.
Total Cash From Financing Activities vs Net Income
Total Cash From Financing Activities vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MFS High Yield Total Cash From Financing Activities account and
Net Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between MFS High's Total Cash From Financing Activities and Net Income is 0.32. Overlapping area represents the amount of variation of Total Cash From Financing Activities that can explain the historical movement of Net 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 Total Cash From Financing Activities and Net 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 Total Cash From Financing Activities of MFS High Yield are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Cash From Financing Activities i.e., MFS High's Total Cash From Financing Activities and Net Income go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Cash From Financing Activities
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in MFS High Yield financial statement analysis. It represents the amount of money remaining after all of MFS High Yield operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.
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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