| MCVT Stock | | | USD 1.98 0.01 0.50% |
Mill City financial indicator trend analysis is infinitely more than just investigating Mill City Ventures recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mill City Ventures is a good investment. Please check the relationship between Mill City End Period Cash Flow and its Stock Based Compensation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mill City Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
End Period Cash Flow vs Stock Based Compensation
End Period Cash Flow vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mill City Ventures End Period Cash Flow account and
Stock Based Compensation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mill City's End Period Cash Flow and Stock Based Compensation is -0.24. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Mill City Ventures, assuming nothing else is changed. The correlation between historical values of Mill City's End Period Cash Flow and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Mill City Ventures are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of End Period Cash Flow i.e., Mill City's End Period Cash Flow and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | -0.24 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
End Period Cash Flow
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Mill City's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mill City Ventures 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 Mill City Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
At this time, Mill City's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.63 in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(9.21).
Mill City fundamental ratios Correlations
Click cells to compare fundamentals
Mill City Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mill City fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Mill Stock Analysis
When running Mill City's price analysis, check to
measure Mill City'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 Mill City is operating at the current time. Most of Mill City's value examination focuses on studying past and present price action to
predict the probability of Mill City's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mill City's price. Additionally, you may evaluate how the addition of Mill City to your portfolios can decrease your overall portfolio volatility.