| 0MKO Stock | | | 7.45 0.23 3.19% |
Melia Hotels financial indicator trend analysis is infinitely more than just investigating Melia Hotels recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Melia Hotels is a good investment. Please check the relationship between Melia Hotels Treasury Stock and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Melia Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Treasury Stock vs Retained Earnings
Treasury Stock vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Melia Hotels Treasury Stock account and
Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Melia Hotels' Treasury Stock and Retained Earnings is -0.68. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Melia Hotels, assuming nothing else is changed. The correlation between historical values of Melia Hotels' Treasury Stock and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Melia Hotels are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Treasury Stock i.e., Melia Hotels' Treasury Stock and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.68 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Treasury Stock
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Melia Hotels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Melia Hotels 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 Melia Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 509.2
M in 2024, despite the fact that
Tax Provision is likely to grow to (43.6
M).
Melia Hotels fundamental ratios Correlations
Click cells to compare fundamentals
Melia Hotels Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Melia Hotels fundamental ratios Accounts
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Additional Tools for Melia Stock Analysis
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measure Melia Hotels' 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 Melia Hotels is operating at the current time. Most of Melia Hotels' value examination focuses on studying past and present price action to
predict the probability of Melia Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Melia Hotels' price. Additionally, you may evaluate how the addition of Melia Hotels to your portfolios can decrease your overall portfolio volatility.