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 Retained Earnings and its Net Receivables 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.
Retained Earnings vs Net Receivables
Retained Earnings vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Moonpig Group PLC Retained Earnings account and
Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Moonpig Group's Retained Earnings and Net Receivables is 0.46. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables 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 Retained Earnings and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Moonpig Group PLC are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., Moonpig Group's Retained Earnings and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Net Receivables
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
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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.