MOG-A Stock | | | USD 219.98 3.89 1.74% |
Moog financial indicator trend analysis is infinitely more than just investigating Moog Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Moog Inc is a good investment. Please check the relationship between Moog Book Value Per Share and its Ptb Ratio accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Moog Inc. 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.
Book Value Per Share vs Ptb Ratio
Book Value Per Share vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Moog Inc Book Value Per Share account and
Ptb Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Moog's Book Value Per Share and Ptb Ratio is 0.38. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Moog Inc, assuming nothing else is changed. The correlation between historical values of Moog's Book Value Per Share and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Moog Inc are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Book Value Per Share i.e., Moog's Book Value Per Share and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Moog's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Moog Inc 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 Moog Inc. 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.
The current year's
Selling General Administrative is expected to grow to about 567.3
M, whereas
Tax Provision is forecasted to decline to about 36.7
M.
Moog fundamental ratios Correlations
Click cells to compare fundamentals
Moog Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Moog 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 Moog Stock
Balance Sheet is a snapshot of the
financial position of Moog Inc at a specified time, usually calculated after every quarter, six months, or one year. Moog Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Moog 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 Moog currently owns. An asset can also be divided into two categories, current and non-current.