MFS Retained Earnings vs Common Stock Analysis
CMU Stock | USD 3.28 0.01 0.31% |
MFS High financial indicator trend analysis is infinitely more than just investigating MFS High Yield recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MFS High Yield is a good investment. Please check the relationship between MFS High Retained Earnings and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS High Yield. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Retained Earnings vs Common Stock
Retained Earnings vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MFS High Yield Retained Earnings account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MFS High's Retained Earnings and Common Stock is -0.58. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock in the same time period over historical financial statements of MFS High Yield, assuming nothing else is changed. The correlation between historical values of MFS High's Retained Earnings and Common Stock 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 MFS High Yield are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Retained Earnings i.e., MFS High's Retained Earnings and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very 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.Common Stock
Most indicators from MFS High's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MFS High Yield 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS High Yield. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At this time, MFS High's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 87.54 in 2024, whereas Selling General Administrative is likely to drop slightly above 245.9 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 6.2M | 5.1M | 4.6M | 6.0M | Interest Income | 7.7M | 8.1M | 9.3M | 6.4M |
MFS High fundamental ratios Correlations
Click cells to compare fundamentals
MFS High Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MFS High fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 209.4M | 220.6M | 175.7M | 155.0M | 139.5M | 166.4M | |
Total Stockholder Equity | 133.4M | 137.7M | 105.0M | 93.0M | 83.7M | 120.0M | |
Net Tangible Assets | 139.0M | 133.4M | 137.7M | 105.0M | 94.5M | 123.8M | |
Retained Earnings | 8.7M | 13.1M | (19.7M) | (22.1M) | (25.5M) | (26.7M) | |
Accounts Payable | 866.3K | 7.8M | 704.0K | 1.9M | 2.2M | 2.0M | |
Net Receivables | 4.0M | 5.9M | 3.0M | 2.5M | 2.9M | 3.8M | |
Total Liab | 866.3K | 7.8M | 70.7M | 1.9M | 1.7M | 1.7M | |
Long Term Investments | 205.4M | 214.6M | 172.7M | 152.5M | 137.3M | 162.2M | |
Other Assets | 140.2K | 2.2K | 2.3K | 2.3K | 2.1K | 2.0K | |
Other Current Liab | (866.3K) | (7.8M) | (704.0K) | (1.9M) | (1.7M) | (1.7M) | |
Total Current Liabilities | 866.3K | 7.8M | 704.0K | 1.9M | 2.2M | 2.1M | |
Non Current Assets Total | 205.4M | 214.6M | 172.7M | 152.5M | 137.3M | 160.6M | |
Non Currrent Assets Other | (205.4M) | (214.6M) | (172.7M) | (152.5M) | (137.3M) | (144.1M) | |
Liabilities And Stockholders Equity | 209.4M | 220.6M | 175.7M | 155.0M | 139.5M | 162.6M | |
Other Current Assets | (4.2M) | (4.0M) | (5.9M) | (2.5M) | (2.2M) | (2.4M) | |
Total Current Assets | 4.0M | 5.9M | 3.0M | 2.5M | 2.9M | 2.7M |
Pair Trading with MFS High
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 MFS High 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 MFS High will appreciate offsetting losses from the drop in the long position's value.Moving together with MFS Stock
0.66 | TW | Tradeweb Markets | PairCorr |
The ability to find closely correlated positions to MFS High could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MFS High 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 MFS High - 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 MFS High Yield to buy it.
The correlation of MFS High 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 MFS High moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MFS High Yield 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 MFS High 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS High Yield. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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When running MFS High's price analysis, check to measure MFS High'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 MFS High is operating at the current time. Most of MFS High's value examination focuses on studying past and present price action to predict the probability of MFS High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFS High's price. Additionally, you may evaluate how the addition of MFS High to your portfolios can decrease your overall portfolio volatility.
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Is MFS High's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MFS High. If investors know MFS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MFS High listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Dividend Share 0.136 | Earnings Share 0.07 | Revenue Per Share 0.324 | Quarterly Revenue Growth 0.036 |
The market value of MFS High Yield is measured differently than its book value, which is the value of MFS that is recorded on the company's balance sheet. Investors also form their own opinion of MFS High's value that differs from its market value or its book value, called intrinsic value, which is MFS High's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MFS High's market value can be influenced by many factors that don't directly affect MFS High's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MFS High's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.