MTDR Stock | | | USD 56.83 0.13 0.23% |
Matador Resources financial indicator trend analysis is infinitely more than just investigating Matador Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Matador Resources is a good investment. Please check the relationship between Matador Resources Dividends Paid and its Change To Inventory accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matador Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
To learn how to invest in Matador Stock, please use our
How to Invest in Matador Resources guide.
Dividends Paid vs Change To Inventory
Dividends Paid vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Matador Resources Dividends Paid account and
Change To Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Matador Resources' Dividends Paid and Change To Inventory is -0.52. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Matador Resources, assuming nothing else is changed. The correlation between historical values of Matador Resources' Dividends Paid and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Matador Resources are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Dividends Paid i.e., Matador Resources' Dividends Paid and Change To Inventory go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Matador Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Matador Resources 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 Matador Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
To learn how to invest in Matador Stock, please use our
How to Invest in Matador Resources guide.At this time, Matador Resources'
Tax Provision is relatively stable compared to the past year. As of 12/13/2024,
Enterprise Value Over EBITDA is likely to grow to 8.03, while
Selling General Administrative is likely to drop slightly above 104.9
M.
Matador Resources fundamental ratios Correlations
Click cells to compare fundamentals
Matador Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Matador Resources fundamental ratios Accounts
Pair Trading with Matador Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Matador Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Matador Resources will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Matador Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Matador Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Matador Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Matador Resources to buy it.
The correlation of Matador Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Matador Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Matador Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Matador Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation MatchingAdditional Tools for Matador Stock Analysis
When running Matador Resources' price analysis, check to
measure Matador Resources' 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 Matador Resources is operating at the current time. Most of Matador Resources' value examination focuses on studying past and present price action to
predict the probability of Matador Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matador Resources' price. Additionally, you may evaluate how the addition of Matador Resources to your portfolios can decrease your overall portfolio volatility.