MAS Stock | | | USD 76.58 1.20 1.54% |
Masco financial indicator trend analysis is infinitely more than just investigating Masco recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Masco is a good investment. Please check the relationship between Masco Depreciation and its Sale Purchase Of Stock accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Masco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Masco Stock please use our
How to Invest in Masco guide.
Depreciation vs Sale Purchase Of Stock
Depreciation vs Sale Purchase Of Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Masco Depreciation account and
Sale Purchase Of Stock. At this time, the significance of the direction appears to have weak relationship.
The correlation between Masco's Depreciation and Sale Purchase Of Stock is 0.38. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Masco, assuming nothing else is changed. The correlation between historical values of Masco's Depreciation and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Masco are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Depreciation i.e., Masco's Depreciation and Sale Purchase Of Stock go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Depreciation
Depreciation indicates how much of Masco value has been used up. For tax purposes Masco can deduct the cost of the tangible assets it purchases as business expenses. However, Masco must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Sale Purchase Of Stock
Most indicators from Masco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Masco 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 Masco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Masco Stock please use our
How to Invest in Masco guide.At this time, Masco's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 499.9
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 9.39 in 2024.
Masco fundamental ratios Correlations
Click cells to compare fundamentals
Masco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Masco fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Masco Stock Analysis
When running Masco's price analysis, check to
measure Masco'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 Masco is operating at the current time. Most of Masco's value examination focuses on studying past and present price action to
predict the probability of Masco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Masco's price. Additionally, you may evaluate how the addition of Masco to your portfolios can decrease your overall portfolio volatility.