MOGU Stock | | | USD 2.10 0.08 3.67% |
MOGU financial indicator trend analysis is infinitely more than just investigating MOGU Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MOGU Inc is a good investment. Please check the relationship between MOGU Common Stock Shares Outstanding and its Good Will accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MOGU Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Common Stock Shares Outstanding vs Good Will
Common Stock Shares Outstanding vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MOGU Inc Common Stock Shares Outstanding account and
Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between MOGU's Common Stock Shares Outstanding and Good Will is -0.46. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Good Will in the same time period over historical financial statements of MOGU Inc, assuming nothing else is changed. The correlation between historical values of MOGU's Common Stock Shares Outstanding and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of MOGU Inc are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Common Stock Shares Outstanding i.e., MOGU's Common Stock Shares Outstanding and Good Will go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from MOGU's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MOGU Inc 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 MOGU Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, MOGU's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.36 in 2024, whereas
Tax Provision is likely to drop (1.7
M) in 2024.
MOGU fundamental ratios Correlations
Click cells to compare fundamentals
MOGU Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MOGU fundamental ratios Accounts
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Additional Tools for MOGU Stock Analysis
When running MOGU's price analysis, check to
measure MOGU'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 MOGU is operating at the current time. Most of MOGU's value examination focuses on studying past and present price action to
predict the probability of MOGU's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MOGU's price. Additionally, you may evaluate how the addition of MOGU to your portfolios can decrease your overall portfolio volatility.