MAS Stock | | | USD 80.42 0.29 0.36% |
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 Short Term Debt and its Property Plant Equipment 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Masco Short Term Debt account and
Property Plant Equipment. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Masco's Short Term Debt and Property Plant Equipment is 0.11. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Masco, assuming nothing else is changed. The correlation between historical values of Masco's Short Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Masco are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Debt i.e., Masco's Short Term Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.
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.