Freddie Change To Netincome vs Net Income Analysis

0IKZ Stock   3.08  0.07  2.22%   
Freddie Mac financial indicator trend analysis is much more than just examining Freddie Mac latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freddie Mac is a good investment. Please check the relationship between Freddie Mac Change To Netincome and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Freddie Mac. 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.

Change To Netincome vs Net Income

Change To Netincome vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freddie Mac Change To Netincome account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Freddie Mac's Change To Netincome and Net Income is -0.12. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Net Income in the same time period over historical financial statements of Freddie Mac, assuming nothing else is changed. The correlation between historical values of Freddie Mac's Change To Netincome and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Freddie Mac are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Netincome i.e., Freddie Mac's Change To Netincome and Net Income go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Netincome

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Freddie Mac financial statement analysis. It represents the amount of money remaining after all of Freddie Mac operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Freddie Mac's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Freddie Mac 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 Freddie Mac. 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 gain to about 2.5 B in 2024, whereas Selling General Administrative is likely to drop slightly above 2.5 B in 2024.
 2019 2020 2023 2024 (projected)
Interest Income4.5B4.9B5.6B3.0B
Tax Provision1.8B1.9B1.7B2.5B

Freddie Mac fundamental ratios Correlations

1.00.90.88-0.670.581.0-0.670.391.00.66-0.86-0.42-0.860.930.910.860.97-0.740.970.88
1.00.890.88-0.630.621.0-0.630.371.00.64-0.87-0.4-0.870.930.90.830.97-0.740.970.84
0.90.890.93-0.610.570.89-0.610.290.90.6-0.87-0.61-0.880.820.930.80.88-0.790.890.82
0.880.880.93-0.590.650.88-0.590.180.880.54-0.87-0.51-0.870.890.990.760.94-0.90.940.77
-0.67-0.63-0.61-0.590.15-0.631.0-0.77-0.67-0.380.530.370.55-0.55-0.7-0.86-0.610.52-0.62-0.84
0.580.620.570.650.150.620.15-0.390.580.42-0.57-0.21-0.560.630.540.220.66-0.570.660.26
1.01.00.890.88-0.630.62-0.630.371.00.64-0.87-0.4-0.870.930.90.830.97-0.740.970.84
-0.67-0.63-0.61-0.591.00.15-0.63-0.77-0.67-0.380.530.370.55-0.55-0.7-0.86-0.610.52-0.62-0.84
0.390.370.290.18-0.77-0.390.37-0.770.4-0.06-0.250.05-0.290.180.320.510.230.040.240.46
1.01.00.90.88-0.670.581.0-0.670.40.66-0.86-0.43-0.860.930.90.860.97-0.740.970.88
0.660.640.60.54-0.380.420.64-0.38-0.060.66-0.51-0.8-0.490.690.530.560.69-0.710.690.66
-0.86-0.87-0.87-0.870.53-0.57-0.870.53-0.25-0.86-0.510.511.0-0.78-0.88-0.7-0.850.75-0.86-0.72
-0.42-0.4-0.61-0.510.37-0.21-0.40.370.05-0.43-0.80.510.49-0.43-0.49-0.4-0.480.71-0.48-0.49
-0.86-0.87-0.88-0.870.55-0.56-0.870.55-0.29-0.86-0.491.00.49-0.76-0.88-0.72-0.850.74-0.86-0.73
0.930.930.820.89-0.550.630.93-0.550.180.930.69-0.78-0.43-0.760.890.760.96-0.820.960.79
0.910.90.930.99-0.70.540.9-0.70.320.90.53-0.88-0.49-0.880.890.820.94-0.880.940.83
0.860.830.80.76-0.860.220.83-0.860.510.860.56-0.7-0.4-0.720.760.820.82-0.650.820.99
0.970.970.880.94-0.610.660.97-0.610.230.970.69-0.85-0.48-0.850.960.940.82-0.871.00.84
-0.74-0.74-0.79-0.90.52-0.57-0.740.520.04-0.74-0.710.750.710.74-0.82-0.88-0.65-0.87-0.86-0.7
0.970.970.890.94-0.620.660.97-0.620.240.970.69-0.86-0.48-0.860.960.940.821.0-0.860.85
0.880.840.820.77-0.840.260.84-0.840.460.880.66-0.72-0.49-0.730.790.830.990.84-0.70.85
Click cells to compare fundamentals

Freddie Mac Account Relationship Matchups

Freddie Mac fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0T2.1T2.2T2.6T3.0T2.4T
Short Long Term Debt Total2.0T1.9T2.0T2.5T2.9T2.3T
Total Stockholder Equity(312M)4.5B9.1B16.4B18.9B19.8B
Retained Earnings(74.2B)(67.1B)(55.0B)(45.7B)(52.5B)(55.1B)
Cash6.8B6.7B4.2B6.5B5.9B5.9B
Other Assets13.4B22.8B35.0B32.2B37.0B24.4B
Long Term Debt2.0T1.9T2.0T2.5T2.9T2.3T
Cash And Short Term Investments6.8B6.7B4.2B6.5B5.9B5.9B
Other Stockholder Equity438M643M154M(188M)(216.2M)(205.4M)
Total Liab2.1T2.1T2.2T2.6T3.0T2.4T
Short Term Debt73.1B51.1B101.0B5.0B4.5B4.2B
Total Current Liabilities108.0B12.1B6.6B15.8B14.2B13.5B
Other Liab8.0B11.3B10.8B17.4B20.0B11.2B
Net Tangible Assets(77.6B)(70.3B)(58.7B)(49.7B)(57.2B)(60.1B)
Net Receivables2.0T2.4T2.8T3.0T3.5T2.6T
Other Current Assets50.4B55.5B31.5B18.7B16.8B16.0B
Total Current Assets2.2T2.6T3.0T3.2T3.6T2.7T

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Additional Tools for Freddie Stock Analysis

When running Freddie Mac's price analysis, check to measure Freddie Mac'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 Freddie Mac is operating at the current time. Most of Freddie Mac's value examination focuses on studying past and present price action to predict the probability of Freddie Mac's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freddie Mac's price. Additionally, you may evaluate how the addition of Freddie Mac to your portfolios can decrease your overall portfolio volatility.