MCX Stock | | | 6,674 29.95 0.45% |
Multi Commodity financial indicator trend analysis is infinitely more than just investigating Multi Commodity Exchange recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Multi Commodity Exchange is a good investment. Please check the relationship between Multi Commodity Cash And Short Term Investments and its Total Current Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Multi Commodity Exchange. 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.
Cash And Short Term Investments vs Total Current Assets
Cash And Short Term Investments vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Multi Commodity Exchange Cash And Short Term Investments account and
Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Multi Commodity's Cash And Short Term Investments and Total Current Assets is 0.94. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Multi Commodity Exchange, assuming nothing else is changed. The correlation between historical values of Multi Commodity's Cash And Short Term Investments and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Multi Commodity Exchange are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Cash And Short Term Investments i.e., Multi Commodity's Cash And Short Term Investments and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Multi Commodity Exchange balance sheet. This account contains Multi Commodity investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Multi Commodity Exchange fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Multi Commodity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Multi Commodity Exchange 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 Multi Commodity Exchange. 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.
The current year's
Selling General Administrative is expected to grow to about 144
M. The current year's
Tax Provision is expected to grow to about 268.9
MMulti Commodity fundamental ratios Correlations
Click cells to compare fundamentals
Multi Commodity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Multi Commodity fundamental ratios Accounts
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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 Multi Stock
Balance Sheet is a snapshot of the
financial position of Multi Commodity Exchange at a specified time, usually calculated after every quarter, six months, or one year. Multi Commodity Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Multi Commodity 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 Multi currently owns. An asset can also be divided into two categories, current and non-current.