DX Stock | | | USD 12.71 0.01 0.08% |
Dynex Capital financial indicator trend analysis is much more than just examining Dynex Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dynex Capital is a good investment. Please check the relationship between Dynex Capital Extraordinary Items and its Net Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynex Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Dynex Stock please use our
How to Invest in Dynex Capital guide.
Extraordinary Items vs Net Income
Extraordinary Items vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dynex Capital Extraordinary Items account and
Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Dynex Capital's Extraordinary Items and Net Income is -0.09. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Net Income in the same time period over historical financial statements of Dynex Capital, assuming nothing else is changed. The correlation between historical values of Dynex Capital's Extraordinary Items 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 Extraordinary Items of Dynex Capital 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 Extraordinary Items i.e., Dynex Capital's Extraordinary Items and Net Income go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Extraordinary Items
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Dynex Capital financial statement analysis. It represents the amount of money remaining after all of Dynex Capital operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Dynex Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dynex Capital 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynex Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Dynex Stock please use our
How to Invest in Dynex Capital guide.At this time, Dynex Capital's
Issuance Of Capital Stock is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.30 in 2024, whereas
Selling General Administrative is likely to drop slightly above 16.9
M in 2024.
| 2023 | 2024 (projected) |
Extraordinary Items | 198.9K | 189.0K | Cost Of Revenue | 2.2M | 2.0M |
Dynex Capital fundamental ratios Correlations
Click cells to compare fundamentals
Dynex Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dynex Capital fundamental ratios Accounts
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Additional Tools for Dynex Stock Analysis
When running Dynex Capital's price analysis, check to
measure Dynex Capital'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 Dynex Capital is operating at the current time. Most of Dynex Capital's value examination focuses on studying past and present price action to
predict the probability of Dynex Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynex Capital's price. Additionally, you may evaluate how the addition of Dynex Capital to your portfolios can decrease your overall portfolio volatility.