MTARTECH | | | 1,788 7.80 0.44% |
Mtar Technologies financial indicator trend analysis is infinitely more than just investigating Mtar Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mtar Technologies is a good investment. Please check the relationship between Mtar Technologies Change To Operating Activities and its Change To Netincome accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mtar Technologies Limited. 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.
Change To Operating Activities vs Change To Netincome
Change To Operating Activities vs Change To Netincome Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mtar Technologies Change To Operating Activities account and
Change To Netincome. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mtar Technologies' Change To Operating Activities and Change To Netincome is 0.43. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Mtar Technologies Limited, assuming nothing else is changed. The correlation between historical values of Mtar Technologies' Change To Operating Activities and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Mtar Technologies Limited are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Change To Operating Activities i.e., Mtar Technologies' Change To Operating Activities and Change To Netincome go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Change To Operating Activities
Change To Netincome
Most indicators from Mtar Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mtar Technologies 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 Mtar Technologies Limited. 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.
The current year's
Selling General Administrative is expected to grow to about 70.7
M. The current year's
Tax Provision is expected to grow to about 191.9
MMtar Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Mtar Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mtar Technologies fundamental ratios Accounts
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Other Information on Investing in Mtar Stock
Balance Sheet is a snapshot of the
financial position of Mtar Technologies at a specified time, usually calculated after every quarter, six months, or one year. Mtar Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mtar Technologies 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 Mtar currently owns. An asset can also be divided into two categories, current and non-current.