| MMT Stock | | | USD 4.71 0.03 0.64% |
MFS Multimarket financial indicator trend analysis is infinitely more than just investigating MFS Multimarket Income recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MFS Multimarket Income is a good investment. Please check the relationship between MFS Multimarket Price To Sales Ratio and its Interest Coverage accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MFS Multimarket Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Price To Sales Ratio vs Interest Coverage
Price To Sales Ratio vs Interest Coverage Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MFS Multimarket Income Price To Sales Ratio account and
Interest Coverage. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between MFS Multimarket's Price To Sales Ratio and Interest Coverage is 0.45. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of MFS Multimarket Income, assuming nothing else is changed. The correlation between historical values of MFS Multimarket's Price To Sales Ratio and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of MFS Multimarket Income are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Price To Sales Ratio i.e., MFS Multimarket's Price To Sales Ratio and Interest Coverage go up and down completely randomly.
Correlation Coefficient | 0.45 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing MFS Multimarket Income stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on MFS Multimarket sales, a figure that is much harder to manipulate than other MFS Multimarket Income multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Interest Coverage
Most indicators from MFS Multimarket's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MFS Multimarket Income 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 MFS Multimarket Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Enterprise Value is likely to gain to about 446.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 406.9
K in 2024.
MFS Multimarket fundamental ratios Correlations
Click cells to compare fundamentals
MFS Multimarket Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MFS Multimarket fundamental ratios Accounts
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Additional Tools for MFS Stock Analysis
When running MFS Multimarket's price analysis, check to
measure MFS Multimarket'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 Multimarket is operating at the current time. Most of MFS Multimarket's value examination focuses on studying past and present price action to
predict the probability of MFS Multimarket'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 Multimarket's price. Additionally, you may evaluate how the addition of MFS Multimarket to your portfolios can decrease your overall portfolio volatility.