Manchester Other Assets from 2010 to 2024
| MANU Stock | USD 16.60 0.35 2.15% |
Other Assets | First Reported 1999-12-31 | Previous Quarter 469.5 M | Current Value 434.7 M | Quarterly Volatility 488.4 M |
Check Manchester United financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Manchester United's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 27.4 M or Selling General Administrative of 423.5 M, as well as many indicators such as Price To Sales Ratio of 4.55, Dividend Yield of 0.0212 or PTB Ratio of 36.61. Manchester financial statements analysis is a perfect complement when working with Manchester United Valuation or Volatility modules.
Manchester | Other Assets |
Latest Manchester United's Other Assets Growth Pattern
Below is the plot of the Other Assets of Manchester United over the last few years. It is Manchester United's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Manchester United's overall financial position and show how it may be relating to other accounts over time.
| Other Assets | 10 Years Trend |
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Other Assets |
| Timeline |
Manchester Other Assets Regression Statistics
| Arithmetic Mean | 347,720,449 | |
| Geometric Mean | 0.00 | |
| Coefficient Of Variation | 50.90 | |
| Mean Deviation | 145,899,565 | |
| Median | 427,172,855 | |
| Standard Deviation | 176,998,923 | |
| Sample Variance | 31328.6T | |
| Range | 595.1M | |
| R-Value | 0.24 | |
| Mean Square Error | 31850.4T | |
| R-Squared | 0.06 | |
| Significance | 0.40 | |
| Slope | 9,362,833 | |
| Total Sum of Squares | 438600.7T |
Manchester Other Assets History
About Manchester United Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Manchester United income statement, its balance sheet, and the statement of cash flows. Manchester United investors use historical funamental indicators, such as Manchester United's Other Assets, to determine how well the company is positioned to perform in the future. Although Manchester United investors may use each financial statement separately, they are all related. The changes in Manchester United's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Manchester United's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Manchester United Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Manchester United. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Assets | 499.9 M | 265.8 M |
Pair Trading with Manchester United
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 Manchester United 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 Manchester United will appreciate offsetting losses from the drop in the long position's value.Moving together with Manchester Stock
Moving against Manchester Stock
| 0.88 | MCS | Marcus | PairCorr |
| 0.87 | SPHR | Sphere Entertainment Fiscal Year End 27th of August 2024 | PairCorr |
| 0.84 | DIS | Walt Disney Financial Report 14th of August 2024 | PairCorr |
| 0.69 | Z | Zillow Group Class Sell-off Trend | PairCorr |
| 0.6 | WMG | Warner Music Group Fiscal Year End 21st of November 2024 | PairCorr |
The ability to find closely correlated positions to Manchester United could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Manchester United 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 Manchester United - 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 Manchester United to buy it.
The correlation of Manchester United 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 Manchester United moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manchester United 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 Manchester United 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.Additional Tools for Manchester Stock Analysis
When running Manchester United's price analysis, check to measure Manchester United'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 Manchester United is operating at the current time. Most of Manchester United's value examination focuses on studying past and present price action to predict the probability of Manchester United's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manchester United's price. Additionally, you may evaluate how the addition of Manchester United to your portfolios can decrease your overall portfolio volatility.