| MCVT Stock | | | USD 2.16 0.10 4.42% |
Mill City financial indicator trend analysis is infinitely more than just investigating Mill City Ventures recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mill City Ventures is a good investment. Please check the relationship between Mill City Short Long Term Debt Total and its Common Stock Shares Outstanding accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mill City Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
Short Long Term Debt Total vs Common Stock Shares Outstanding
Short Long Term Debt Total vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mill City Ventures Short Long Term Debt Total account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mill City's Short Long Term Debt Total and Common Stock Shares Outstanding is -0.44. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Mill City Ventures, assuming nothing else is changed. The correlation between historical values of Mill City's Short Long Term Debt Total and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Mill City Ventures are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Long Term Debt Total i.e., Mill City's Short Long Term Debt Total and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.44 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Short Long Term Debt Total
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Mill City's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mill City Ventures 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 Mill City Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
At this time, Mill City's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 15.7
M in 2024, despite the fact that
Tax Provision is likely to grow to (195.6
K).
Mill City fundamental ratios Correlations
Click cells to compare fundamentals
Mill City Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mill City fundamental ratios Accounts
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