MMS Stock | | | USD 70.78 0.51 0.72% |
Maximus financial indicator trend analysis is infinitely more than just investigating Maximus recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maximus is a good investment. Please check the relationship between Maximus Total Liab and its Cash accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maximus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Maximus Stock please use our
How to Invest in Maximus guide.
Total Liab vs Cash
Total Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Maximus Total Liab account and
Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Maximus' Total Liab and Cash is -0.15. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Maximus, assuming nothing else is changed. The correlation between historical values of Maximus' Total Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Maximus are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Liab i.e., Maximus' Total Liab and Cash go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Cash
Cash refers to the most liquid asset of Maximus, which is listed under current asset account on Maximus balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Maximus customers. The amounts must be unrestricted with restricted cash listed in a different Maximus account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Maximus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maximus 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 Maximus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Maximus Stock please use our
How to Invest in Maximus guide.At this time, Maximus'
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 14.40 in 2024, whereas
Tax Provision is likely to drop slightly above 68
M in 2024.
Maximus fundamental ratios Correlations
Click cells to compare fundamentals
Maximus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Maximus fundamental ratios Accounts
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Additional Tools for Maximus Stock Analysis
When running Maximus' price analysis, check to
measure Maximus' 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 Maximus is operating at the current time. Most of Maximus' value examination focuses on studying past and present price action to
predict the probability of Maximus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maximus' price. Additionally, you may evaluate how the addition of Maximus to your portfolios can decrease your overall portfolio volatility.