MKS Stock | | | 379.40 1.20 0.32% |
Marks financial indicator trend analysis is infinitely more than just investigating Marks and Spencer recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marks and Spencer is a good investment. Please check the relationship between Marks Non Current Liabilities Total and its Non Currrent Assets Other accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marks and Spencer. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Non Current Liabilities Total vs Non Currrent Assets Other
Non Current Liabilities Total vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Marks and Spencer Non Current Liabilities Total account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Marks' Non Current Liabilities Total and Non Currrent Assets Other is 0.61. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Marks and Spencer, assuming nothing else is changed. The correlation between historical values of Marks' Non Current Liabilities Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Marks and Spencer are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Liabilities Total i.e., Marks' Non Current Liabilities Total and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Liabilities Total
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Marks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marks and Spencer 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 Marks and Spencer. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Selling General Administrative is expected to grow to about 1.4
B. The current year's
Tax Provision is expected to grow to about 259.7
MMarks fundamental ratios Correlations
Click cells to compare fundamentals
Marks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marks 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 Marks Stock
Balance Sheet is a snapshot of the
financial position of Marks and Spencer at a specified time, usually calculated after every quarter, six months, or one year. Marks Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Marks 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 Marks currently owns. An asset can also be divided into two categories, current and non-current.