MKDWELL Pretax Profit Margin vs Net Profit Margin Analysis
| MKDWW Stock | 0.02 0 15.42% |
MKDWELL Tech financial indicator trend analysis is infinitely more than just investigating MKDWELL Tech Warrants recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MKDWELL Tech Warrants is a good investment. Please check the relationship between MKDWELL Tech Pretax Profit Margin and its Net Profit Margin accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MKDWELL Tech Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Pretax Profit Margin vs Net Profit Margin
Pretax Profit Margin vs Net Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MKDWELL Tech Warrants Pretax Profit Margin account and Net Profit Margin. At this time, the significance of the direction appears to have totally related.
The correlation between MKDWELL Tech's Pretax Profit Margin and Net Profit Margin is 0.99. Overlapping area represents the amount of variation of Pretax Profit Margin that can explain the historical movement of Net Profit Margin in the same time period over historical financial statements of MKDWELL Tech Warrants, assuming nothing else is changed. The correlation between historical values of MKDWELL Tech's Pretax Profit Margin and Net Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pretax Profit Margin of MKDWELL Tech Warrants are associated (or correlated) with its Net Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Profit Margin has no effect on the direction of Pretax Profit Margin i.e., MKDWELL Tech's Pretax Profit Margin and Net Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Pretax Profit Margin
Net Profit Margin
The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.Also Currently Popular
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When running MKDWELL Tech's price analysis, check to measure MKDWELL Tech'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 MKDWELL Tech is operating at the current time. Most of MKDWELL Tech's value examination focuses on studying past and present price action to predict the probability of MKDWELL Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MKDWELL Tech's price. Additionally, you may evaluate how the addition of MKDWELL Tech to your portfolios can decrease your overall portfolio volatility.