Mannatech Incorporated financial indicator trend analysis is infinitely more than just investigating Mannatech Incorporated recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mannatech Incorporated is a good investment. Please check the relationship between Mannatech Incorporated Begin Period Cash Flow and its Change In Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mannatech Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Begin Period Cash Flow vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mannatech Incorporated Begin Period Cash Flow account and Change In Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mannatech Incorporated's Begin Period Cash Flow and Change In Cash is -0.07. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Mannatech Incorporated, assuming nothing else is changed. The correlation between historical values of Mannatech Incorporated's Begin Period Cash Flow and Change In 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 Begin Period Cash Flow of Mannatech Incorporated are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Begin Period Cash Flow i.e., Mannatech Incorporated's Begin Period Cash Flow and Change In Cash go up and down completely randomly.
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Change In Cash
Most indicators from Mannatech Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mannatech Incorporated 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 Mannatech Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
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.
When running Mannatech Incorporated's price analysis, check to measure Mannatech Incorporated's 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 Mannatech Incorporated is operating at the current time. Most of Mannatech Incorporated's value examination focuses on studying past and present price action to predict the probability of Mannatech Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mannatech Incorporated's price. Additionally, you may evaluate how the addition of Mannatech Incorporated to your portfolios can decrease your overall portfolio volatility.