MAS Stock | | | USD 80.56 0.14 0.17% |
Masco financial indicator trend analysis is infinitely more than just investigating Masco recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Masco is a good investment. Please check the relationship between Masco Common Stock and its Other Stockholder Equity accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Masco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Masco Stock please use our
How to Invest in Masco guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Masco Common Stock account and
Other Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Masco's Common Stock and Other Stockholder Equity is 0.05. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Masco, assuming nothing else is changed. The correlation between historical values of Masco's Common Stock and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Masco are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock i.e., Masco's Common Stock and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.05 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Most indicators from Masco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Masco 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 Masco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Masco Stock please use our
How to Invest in Masco guide.At this time, Masco's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 499.9
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 9.39 in 2024.
When running Masco's price analysis, check to
measure Masco'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 Masco is operating at the current time. Most of Masco's value examination focuses on studying past and present price action to
predict the probability of Masco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Masco's price. Additionally, you may evaluate how the addition of Masco to your portfolios can decrease your overall portfolio volatility.