MATV Stock | | | USD 13.15 0.28 2.08% |
Mativ Holdings financial indicator trend analysis is infinitely more than just investigating Mativ Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mativ Holdings is a good investment. Please check the relationship between Mativ Holdings Inventory and its Property Plant And Equipment Gross accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mativ Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Mativ Stock please use our
How to Invest in Mativ Holdings guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mativ Holdings Inventory account and
Property Plant And Equipment Gross. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mativ Holdings' Inventory and Property Plant And Equipment Gross is 0.85. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Mativ Holdings, assuming nothing else is changed. The correlation between historical values of Mativ Holdings' Inventory and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Mativ Holdings are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Inventory i.e., Mativ Holdings' Inventory and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Most indicators from Mativ Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mativ Holdings 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 Mativ Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Mativ Stock please use our
How to Invest in Mativ Holdings guide.At this time, Mativ Holdings'
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 33.4
M in 2024, whereas
Discontinued Operations is likely to drop (362.2
K) in 2024.
When running Mativ Holdings' price analysis, check to
measure Mativ Holdings' 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 Mativ Holdings is operating at the current time. Most of Mativ Holdings' value examination focuses on studying past and present price action to
predict the probability of Mativ Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mativ Holdings' price. Additionally, you may evaluate how the addition of Mativ Holdings to your portfolios can decrease your overall portfolio volatility.