MFS Gross Profit from 2010 to 2025

MCR Stock  USD 6.25  0.01  0.16%   
MFS Charter Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 17.8 M. Gross Profit is the profit MFS Charter Income makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2006-11-30
Previous Quarter
5.7 M
Current Value
9.3 M
Quarterly Volatility
12 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MFS Charter financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MFS Charter's main balance sheet or income statement drivers, such as Interest Expense of 7.4 M, Selling General Administrative of 386.7 K or Total Revenue of 18.4 M, as well as many indicators such as Price To Sales Ratio of 8.88, Dividend Yield of 0.0671 or PTB Ratio of 0.74. MFS financial statements analysis is a perfect complement when working with MFS Charter Valuation or Volatility modules.
  
Check out the analysis of MFS Charter Correlation against competitors.

Latest MFS Charter's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of MFS Charter Income over the last few years. Gross profit is a required income statement account that reflects total revenue of MFS Charter Income minus its cost of goods sold. It is profit before MFS Charter operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. MFS Charter's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MFS Charter's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 22.61 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

MFS Gross Profit Regression Statistics

Arithmetic Mean22,805,076
Geometric Mean24,614,113
Coefficient Of Variation93.66
Mean Deviation14,977,332
Median30,446,047
Standard Deviation21,359,612
Sample Variance456.2T
Range92.4M
R-Value(0.35)
Mean Square Error428.7T
R-Squared0.12
Significance0.18
Slope(1,572,845)
Total Sum of Squares6843.5T

MFS Gross Profit History

202517.8 M
202427.4 M
202330.4 M
202217 M
2021-38.3 M
20204.4 M
201928.5 M

Other Fundumenentals of MFS Charter Income

MFS Charter Gross Profit component correlations

0.970.960.730.530.28-0.051.0-0.10.450.740.620.950.760.950.450.890.37
0.971.00.640.650.38-0.270.97-0.320.370.70.550.970.710.940.370.870.3
0.961.00.630.640.35-0.290.96-0.330.340.680.520.970.670.920.340.850.29
0.730.640.630.30.030.270.750.20.390.410.520.510.60.680.390.590.28
0.530.650.640.30.66-0.670.53-0.660.420.560.50.630.520.630.420.650.39
0.280.380.350.030.66-0.530.27-0.60.290.530.430.390.570.380.290.430.13
-0.05-0.27-0.290.27-0.67-0.53-0.050.940.01-0.07-0.01-0.29-0.02-0.180.01-0.15-0.04
1.00.970.960.750.530.27-0.05-0.10.460.730.630.940.760.950.460.90.37
-0.1-0.32-0.330.2-0.66-0.60.94-0.10.11-0.140.01-0.3-0.1-0.210.11-0.160.05
0.450.370.340.390.420.290.010.460.110.660.950.450.620.561.00.680.92
0.740.70.680.410.560.53-0.070.73-0.140.660.790.760.820.780.660.810.5
0.620.550.520.520.50.43-0.010.630.010.950.790.60.830.730.950.830.81
0.950.970.970.510.630.39-0.290.94-0.30.450.760.60.710.930.450.90.39
0.760.710.670.60.520.57-0.020.76-0.10.620.820.830.710.840.620.870.37
0.950.940.920.680.630.38-0.180.95-0.210.560.780.730.930.840.560.960.45
0.450.370.340.390.420.290.010.460.111.00.660.950.450.620.560.680.92
0.890.870.850.590.650.43-0.150.9-0.160.680.810.830.90.870.960.680.57
0.370.30.290.280.390.13-0.040.370.050.920.50.810.390.370.450.920.57
Click cells to compare fundamentals

About MFS Charter Financial Statements

MFS Charter shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although MFS Charter investors may analyze each financial statement separately, they are all interrelated. The changes in MFS Charter's assets and liabilities, for example, are also reflected in the revenues and expenses on on MFS Charter's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit27.4 M17.8 M
Gross Profit Margin 1.22  1.05 

Pair Trading with MFS Charter

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MFS Charter position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MFS Charter will appreciate offsetting losses from the drop in the long position's value.

Moving together with MFS Stock

  0.86V Visa Class APairCorr
  0.68AC Associated CapitalPairCorr

Moving against MFS Stock

  0.52LC LendingClub CorpPairCorr
  0.44DHIL Diamond Hill InvestmentPairCorr
The ability to find closely correlated positions to MFS Charter could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MFS Charter when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MFS Charter - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MFS Charter Income to buy it.
The correlation of MFS Charter is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MFS Charter moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MFS Charter Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MFS Charter can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for MFS Stock Analysis

When running MFS Charter's price analysis, check to measure MFS Charter'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 MFS Charter is operating at the current time. Most of MFS Charter's value examination focuses on studying past and present price action to predict the probability of MFS Charter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFS Charter's price. Additionally, you may evaluate how the addition of MFS Charter to your portfolios can decrease your overall portfolio volatility.