| MMT Stock | | | USD 4.68 0.01 0.21% |
MFS Multimarket financial indicator trend analysis is infinitely more than just investigating MFS Multimarket Income recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MFS Multimarket Income is a good investment. Please check the relationship between MFS Multimarket Cash and its Total Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MFS Multimarket Income. 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.
Cash vs Total Assets
Cash vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MFS Multimarket Income Cash account and
Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between MFS Multimarket's Cash and Total Assets is 0.33. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets in the same time period over historical financial statements of MFS Multimarket Income, assuming nothing else is changed. The correlation between historical values of MFS Multimarket's Cash and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of MFS Multimarket Income are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash i.e., MFS Multimarket's Cash and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.33 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of MFS Multimarket Income, which is listed under current asset account on MFS Multimarket Income balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from MFS Multimarket customers. The amounts must be unrestricted with restricted cash listed in a different MFS Multimarket account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Total Assets
Total assets refers to the total amount of MFS Multimarket assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in MFS Multimarket Income books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from MFS Multimarket's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MFS Multimarket Income 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 MFS Multimarket Income. 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 446.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 406.9
K in 2024.
MFS Multimarket fundamental ratios Correlations
Click cells to compare fundamentals
MFS Multimarket Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MFS Multimarket fundamental ratios Accounts
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Additional Tools for MFS Stock Analysis
When running MFS Multimarket's price analysis, check to
measure MFS Multimarket'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 MFS Multimarket is operating at the current time. Most of MFS Multimarket's value examination focuses on studying past and present price action to
predict the probability of MFS Multimarket's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFS Multimarket's price. Additionally, you may evaluate how the addition of MFS Multimarket to your portfolios can decrease your overall portfolio volatility.