| MOON Stock | | | 221.00 3.00 1.38% |
Moonpig Group financial indicator trend analysis is infinitely more than just investigating Moonpig Group PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Moonpig Group PLC is a good investment. Please check the relationship between Moonpig Group Change To Account Receivables and its Net Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Moonpig Group PLC. 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.
Change To Account Receivables vs Net Income
Change To Account Receivables vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Moonpig Group PLC Change To Account Receivables account and
Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Moonpig Group's Change To Account Receivables and Net Income is -0.68. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Net Income in the same time period over historical financial statements of Moonpig Group PLC, assuming nothing else is changed. The correlation between historical values of Moonpig Group's Change To Account Receivables and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Moonpig Group PLC are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Account Receivables i.e., Moonpig Group's Change To Account Receivables and Net Income go up and down completely randomly.
Correlation Coefficient | -0.68 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Change To Account Receivables
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Moonpig Group PLC financial statement analysis. It represents the amount of money remaining after all of Moonpig Group PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Moonpig Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Moonpig Group PLC 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 Moonpig Group PLC. 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 drop to about 6.7
M in 2024.
Selling General Administrative is likely to drop to about 104.1
M in 2024
Moonpig Group fundamental ratios Correlations
Click cells to compare fundamentals
Moonpig Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Moonpig Group fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Moonpig Stock Analysis
When running Moonpig Group's price analysis, check to
measure Moonpig Group'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 Moonpig Group is operating at the current time. Most of Moonpig Group's value examination focuses on studying past and present price action to
predict the probability of Moonpig Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Moonpig Group's price. Additionally, you may evaluate how the addition of Moonpig Group to your portfolios can decrease your overall portfolio volatility.