MAZDOCK Stock | | | 4,724 314.70 6.25% |
Mazagon Dock financial indicator trend analysis is infinitely more than just investigating Mazagon Dock Shipbuilders recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mazagon Dock Shipbuilders is a good investment. Please check the relationship between Mazagon Dock Common Stock Shares Outstanding and its Cash accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mazagon Dock Shipbuilders. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Common Stock Shares Outstanding vs Cash
Common Stock Shares Outstanding vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mazagon Dock Shipbuilders Common Stock Shares Outstanding account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mazagon Dock's Common Stock Shares Outstanding and Cash is 0.73. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash in the same time period over historical financial statements of Mazagon Dock Shipbuilders, assuming nothing else is changed. The correlation between historical values of Mazagon Dock's Common Stock Shares Outstanding and Cash 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 Shares Outstanding of Mazagon Dock Shipbuilders are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Shares Outstanding i.e., Mazagon Dock's Common Stock Shares Outstanding and Cash go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Cash
Cash refers to the most liquid asset of Mazagon Dock Shipbuilders, which is listed under current asset account on Mazagon Dock Shipbuilders balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Mazagon Dock customers. The amounts must be unrestricted with restricted cash listed in a different Mazagon Dock 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.
Most indicators from Mazagon Dock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mazagon Dock Shipbuilders 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 Mazagon Dock Shipbuilders. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
The value of
Selling General Administrative is expected to slide to about 911.2
M. The value of
Tax Provision is estimated to slide to about 3.5
BMazagon Dock fundamental ratios Correlations
Click cells to compare fundamentals
Mazagon Dock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mazagon Dock fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Mazagon Stock
Balance Sheet is a snapshot of the
financial position of Mazagon Dock Shipbuilders at a specified time, usually calculated after every quarter, six months, or one year. Mazagon Dock Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mazagon Dock and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mazagon currently owns. An asset can also be divided into two categories, current and non-current.