MRUS Stock | | | USD 44.97 0.90 1.96% |
Merus BV financial indicator trend analysis is infinitely more than just investigating Merus BV recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Merus BV is a good investment. Please check the relationship between Merus BV Total Current Assets and its Common Stock Total Equity accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merus BV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Merus Stock please use our
How to Invest in Merus BV guide.
Total Current Assets vs Common Stock Total Equity
Total Current Assets vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Merus BV Total Current Assets account and
Common Stock Total Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Merus BV's Total Current Assets and Common Stock Total Equity is 0.9. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Merus BV, assuming nothing else is changed. The correlation between historical values of Merus BV's Total Current Assets and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Merus BV are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Current Assets i.e., Merus BV's Total Current Assets and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Merus BV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Merus BV 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 Merus BV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Merus Stock please use our
How to Invest in Merus BV guide.At this time, Merus BV's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 2.7
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 1.29 in 2024.
Merus BV fundamental ratios Correlations
Click cells to compare fundamentals
Merus BV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Merus BV fundamental ratios Accounts
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Additional Tools for Merus Stock Analysis
When running Merus BV's price analysis, check to
measure Merus BV'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 Merus BV is operating at the current time. Most of Merus BV's value examination focuses on studying past and present price action to
predict the probability of Merus BV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merus BV's price. Additionally, you may evaluate how the addition of Merus BV to your portfolios can decrease your overall portfolio volatility.