| MMYT Stock | | | USD 112.28 1.72 1.51% |
MakeMyTrip financial indicator trend analysis is infinitely more than just investigating MakeMyTrip Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MakeMyTrip Limited is a good investment. Please check the relationship between MakeMyTrip Other Non Cash Items and its End Period Cash Flow accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MakeMyTrip Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MakeMyTrip Limited Other Non Cash Items account and
End Period Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between MakeMyTrip's Other Non Cash Items and End Period Cash Flow is -0.27. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of MakeMyTrip Limited, assuming nothing else is changed. The correlation between historical values of MakeMyTrip's Other Non Cash Items and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of MakeMyTrip Limited are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Other Non Cash Items i.e., MakeMyTrip's Other Non Cash Items and End Period Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.27 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Most indicators from MakeMyTrip's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MakeMyTrip Limited 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 MakeMyTrip Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
At this time, MakeMyTrip's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 68.10 in 2025, despite the fact that
Tax Provision is likely to grow to (105.9
M).
When running MakeMyTrip's price analysis, check to
measure MakeMyTrip'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 MakeMyTrip is operating at the current time. Most of MakeMyTrip's value examination focuses on studying past and present price action to
predict the probability of MakeMyTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MakeMyTrip's price. Additionally, you may evaluate how the addition of MakeMyTrip to your portfolios can decrease your overall portfolio volatility.