MCY Stock | | | 5.24 0.05 0.95% |
Mercury NZ financial indicator trend analysis is infinitely more than just investigating Mercury NZ recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mercury NZ is a good investment. Please check the relationship between Mercury NZ Selling And Marketing Expenses and its Other Operating Expenses accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercury NZ. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling And Marketing Expenses vs Other Operating Expenses
Selling And Marketing Expenses vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mercury NZ Selling And Marketing Expenses account and
Other Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Mercury NZ's Selling And Marketing Expenses and Other Operating Expenses is -0.64. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Mercury NZ, assuming nothing else is changed. The correlation between historical values of Mercury NZ's Selling And Marketing Expenses and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Mercury NZ are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Selling And Marketing Expenses i.e., Mercury NZ's Selling And Marketing Expenses and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.64 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Selling And Marketing Expenses
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Mercury NZ. It is also known as Mercury NZ overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Mercury NZ's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mercury NZ 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 Mercury NZ. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to gain to about 150.9
M in 2025, whereas
Selling General Administrative is likely to drop slightly above 106
M in 2025.
Mercury NZ fundamental ratios Correlations
Click cells to compare fundamentals
Mercury NZ Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mercury NZ fundamental ratios Accounts
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Additional Tools for Mercury Stock Analysis
When running Mercury NZ's price analysis, check to
measure Mercury NZ'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 Mercury NZ is operating at the current time. Most of Mercury NZ's value examination focuses on studying past and present price action to
predict the probability of Mercury NZ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercury NZ's price. Additionally, you may evaluate how the addition of Mercury NZ to your portfolios can decrease your overall portfolio volatility.