Manhattan Corp financial indicator trend analysis is infinitely more than just investigating Manhattan Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manhattan Corp is a good investment. Please check the relationship between Manhattan Corp Investments and its Capital Expenditures accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manhattan Corp. 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.
Investments vs Capital Expenditures
Investments vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Manhattan Corp Investments account and
Capital Expenditures. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Manhattan Corp's Investments and Capital Expenditures is -0.7. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Manhattan Corp, assuming nothing else is changed. The correlation between historical values of Manhattan Corp's Investments and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Manhattan Corp are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Investments i.e., Manhattan Corp's Investments and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.7 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Capital Expenditures
Capital Expenditures are funds used by Manhattan Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Manhattan Corp operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Manhattan Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manhattan Corp 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 Manhattan Corp. 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.
Selling General Administrative is likely to drop to about 514.5
K in 2024.
Issuance Of Capital Stock is likely to drop to about 4
M in 2024
Manhattan Corp fundamental ratios Correlations
Click cells to compare fundamentals
Manhattan Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Manhattan Corp fundamental ratios Accounts
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Additional Tools for Manhattan Stock Analysis
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measure Manhattan Corp'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 Manhattan Corp is operating at the current time. Most of Manhattan Corp's value examination focuses on studying past and present price action to
predict the probability of Manhattan Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manhattan Corp's price. Additionally, you may evaluate how the addition of Manhattan Corp to your portfolios can decrease your overall portfolio volatility.