FIS Stock | | | USD 86.08 0.58 0.68% |
Fidelity National financial indicator trend analysis is much more than just examining Fidelity National latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fidelity National is a good investment. Please check the relationship between Fidelity National Other Operating Expenses and its Ebitda accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity National Information. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Other Operating Expenses vs Ebitda
Other Operating Expenses vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fidelity National Other Operating Expenses account and
Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fidelity National's Other Operating Expenses and Ebitda is 0.91. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebitda in the same time period over historical financial statements of Fidelity National Information, assuming nothing else is changed. The correlation between historical values of Fidelity National's Other Operating Expenses and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Fidelity National Information are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Other Operating Expenses i.e., Fidelity National's Other Operating Expenses and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Fidelity National. It is also known as Fidelity National overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Ebitda
Most indicators from Fidelity National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fidelity National 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 Fidelity National Information. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
At this time, Fidelity National's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 1.2
M in 2024, whereas
Tax Provision is likely to drop slightly above 223.3
M in 2024.
Fidelity National fundamental ratios Correlations
Click cells to compare fundamentals
Fidelity National Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fidelity National fundamental ratios Accounts
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Additional Tools for Fidelity Stock Analysis
When running Fidelity National's price analysis, check to
measure Fidelity National'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 Fidelity National is operating at the current time. Most of Fidelity National's value examination focuses on studying past and present price action to
predict the probability of Fidelity National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity National's price. Additionally, you may evaluate how the addition of Fidelity National to your portfolios can decrease your overall portfolio volatility.