MKTX Stock | | | USD 258.69 3.02 1.15% |
MarketAxess Holdings financial indicator trend analysis is infinitely more than just investigating MarketAxess Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MarketAxess Holdings is a good investment. Please check the relationship between MarketAxess Holdings Net Working Capital and its Total Current Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MarketAxess Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy MarketAxess Stock please use our
How to Invest in MarketAxess Holdings guide.
Net Working Capital vs Total Current Assets
Net Working Capital vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MarketAxess Holdings Net Working Capital account and
Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between MarketAxess Holdings' Net Working Capital and Total Current Assets is 0.92. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of MarketAxess Holdings, assuming nothing else is changed. The correlation between historical values of MarketAxess Holdings' Net Working Capital 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 Net Working Capital of MarketAxess Holdings 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 Net Working Capital i.e., MarketAxess Holdings' Net Working Capital and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Working Capital
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 MarketAxess Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MarketAxess Holdings 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 MarketAxess Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy MarketAxess Stock please use our
How to Invest in MarketAxess Holdings guide.
Enterprise Value is likely to rise to about 19.8
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 54.2
M in 2024.
MarketAxess Holdings fundamental ratios Correlations
Click cells to compare fundamentals
MarketAxess Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MarketAxess Holdings fundamental ratios Accounts
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Additional Tools for MarketAxess Stock Analysis
When running MarketAxess Holdings' price analysis, check to
measure MarketAxess Holdings' 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 MarketAxess Holdings is operating at the current time. Most of MarketAxess Holdings' value examination focuses on studying past and present price action to
predict the probability of MarketAxess Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MarketAxess Holdings' price. Additionally, you may evaluate how the addition of MarketAxess Holdings to your portfolios can decrease your overall portfolio volatility.