MFSL Stock | | | 1,170 27.60 2.42% |
Max Financial financial indicator trend analysis is infinitely more than just investigating Max Financial Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Max Financial Services is a good investment. Please check the relationship between Max Financial Retained Earnings and its Net Receivables accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Max Financial Services. 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.
Retained Earnings vs Net Receivables
Retained Earnings vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Max Financial Services Retained Earnings account and
Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Max Financial's Retained Earnings and Net Receivables is -0.45. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Max Financial Services, assuming nothing else is changed. The correlation between historical values of Max Financial's Retained Earnings and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Max Financial Services are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., Max Financial's Retained Earnings and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Net Receivables
Most indicators from Max Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Max Financial Services 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 Max Financial Services. 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.
At this time, Max Financial's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 84.5
M in 2024, whereas
Tax Provision is likely to drop slightly above 211.3
M in 2024.
Max Financial fundamental ratios Correlations
Click cells to compare fundamentals
Max Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Max Financial fundamental ratios Accounts
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Additional Tools for Max Stock Analysis
When running Max Financial's price analysis, check to
measure Max Financial'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 Max Financial is operating at the current time. Most of Max Financial's value examination focuses on studying past and present price action to
predict the probability of Max Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Max Financial's price. Additionally, you may evaluate how the addition of Max Financial to your portfolios can decrease your overall portfolio volatility.