FOXO Change In Cash vs Depreciation Analysis

FOXO Technologies financial indicator trend analysis is much more than just examining FOXO Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FOXO Technologies is a good investment. Please check the relationship between FOXO Technologies Change In Cash and its Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios. 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.

Change In Cash vs Depreciation

Change In Cash vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FOXO Technologies Change In Cash account and Depreciation. At this time, the significance of the direction appears to have very week relationship.

The correlation between FOXO Technologies' Change In Cash and Depreciation is 0.28. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Depreciation in the same time period over historical financial statements of FOXO Technologies, assuming nothing else is changed. The correlation between historical values of FOXO Technologies' Change In Cash and Depreciation 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 In Cash of FOXO Technologies are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Cash i.e., FOXO Technologies' Change In Cash and Depreciation go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Change In Cash

Depreciation

Depreciation indicates how much of FOXO Technologies value has been used up. For tax purposes FOXO Technologies can deduct the cost of the tangible assets it purchases as business expenses. However, FOXO Technologies must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from FOXO Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FOXO Technologies 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. 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.

As of the 29th of November 2024, Selling General Administrative is likely to drop to about 695.4 K. In addition to that, Issuance Of Capital Stock is likely to drop to about 646.8 K

	2021	2022	2023	2024 (projected)
Interest Expense	1.1M	1.4M	1.1M	1.0M
Depreciation And Amortization	98K	1.5M	1.3M	1.1M

Interest Expense Depreciation And Amortization

FOXO Technologies fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital
Total Assets		-0.33	0.4	-0.15	0.27	-0.42	0.03	0.41	-0.07	0.3	0.23	0.95	0.79	0.27	0.23	-0.86	0.94	0.74	0.23	0.6	0.59	-0.34	-0.17	0.6	-0.05	-0.19
Other Current Liab	-0.33		0.39	-0.58	0.79	-0.68	0.87	0.36	-0.91	0.75	-0.99	-0.04	0.08	0.79	-0.99	0.34	0.0	0.03	0.84	0.36	0.29	-0.74	0.93	-0.86	-0.9	-0.54
Total Current Liabilities	0.4	0.39		-0.96	0.79	-0.82	0.68	1.0	-0.52	0.79	-0.51	0.65	0.14	0.79	-0.51	-0.47	0.63	0.01	0.66	0.95	0.05	-0.81	0.58	-0.42	-0.37	-0.97
Total Stockholder Equity	-0.15	-0.58	-0.96		-0.84	0.82	-0.79	-0.95	0.63	-0.83	0.69	-0.44	0.0	-0.84	0.69	0.23	-0.44	0.13	-0.72	-0.86	0.03	0.83	-0.74	0.66	0.48	1.0
Other Liab	0.27	0.79	0.79	-0.84		-0.99	0.93	0.78	-0.93	0.98	-0.86	0.56	0.43	1.0	-0.86	-0.23	0.59	0.33	0.98	0.84	0.49	-1.0	0.86	-0.58	-0.86	-0.83
Net Tangible Assets	-0.42	-0.68	-0.82	0.82	-0.99		-0.88	-0.81	0.88	-0.98	0.77	-0.69	-0.53	-0.99	0.77	0.36	-0.71	-0.42	-0.96	-0.9	-0.54	1.0	-0.78	0.45	0.81	0.82
Property Plant And Equipment Net	0.03	0.87	0.68	-0.79	0.93	-0.88		0.66	-0.93	0.96	-0.92	0.33	0.25	0.93	-0.92	0.12	0.36	0.17	0.93	0.64	0.37	-0.91	0.98	-0.72	-0.86	-0.77
Net Debt	0.41	0.36	1.0	-0.95	0.78	-0.81	0.66		-0.5	0.77	-0.48	0.66	0.14	0.78	-0.48	-0.49	0.64	0.01	0.64	0.95	0.04	-0.8	0.55	-0.4	-0.34	-0.97
Retained Earnings	-0.07	-0.91	-0.52	0.63	-0.93	0.88	-0.93	-0.5		-0.92	0.94	-0.34	-0.45	-0.93	0.94	-0.04	-0.38	-0.38	-0.98	-0.59	-0.59	0.91	-0.91	0.63	0.98	0.6
Accounts Payable	0.3	0.75	0.79	-0.83	0.98	-0.98	0.96	0.77	-0.92		-0.83	0.58	0.45	0.98	-0.83	-0.17	0.61	0.35	0.97	0.81	0.5	-0.99	0.88	-0.55	-0.84	-0.82
Cash	0.23	-0.99	-0.51	0.69	-0.86	0.77	-0.92	-0.48	0.94	-0.83		-0.07	-0.11	-0.86	1.0	-0.25	-0.11	-0.05	-0.89	-0.48	-0.29	0.82	-0.96	0.86	0.9	0.65
Non Current Assets Total	0.95	-0.04	0.65	-0.44	0.56	-0.69	0.33	0.66	-0.34	0.58	-0.07		0.77	0.56	-0.07	-0.83	1.0	0.69	0.5	0.82	0.6	-0.62	0.13	0.31	-0.29	-0.48
Non Currrent Assets Other	0.79	0.08	0.14	0.0	0.43	-0.53	0.25	0.14	-0.45	0.45	-0.11	0.77		0.43	-0.11	-0.55	0.8	0.99	0.51	0.43	0.96	-0.48	0.1	0.41	-0.51	-0.01
Other Assets	0.27	0.79	0.79	-0.84	1.0	-0.99	0.93	0.78	-0.93	0.98	-0.86	0.56	0.43		-0.86	-0.23	0.59	0.33	0.98	0.84	0.49	-1.0	0.86	-0.58	-0.86	-0.83
Cash And Short Term Investments	0.23	-0.99	-0.51	0.69	-0.86	0.77	-0.92	-0.48	0.94	-0.83	1.0	-0.07	-0.11	-0.86		-0.25	-0.11	-0.05	-0.89	-0.48	-0.29	0.82	-0.96	0.86	0.9	0.65
Common Stock Shares Outstanding	-0.86	0.34	-0.47	0.23	-0.23	0.36	0.12	-0.49	-0.04	-0.17	-0.25	-0.83	-0.55	-0.23	-0.25		-0.81	-0.49	-0.14	-0.66	-0.33	0.28	0.29	-0.49	-0.08	0.27
Non Current Liabilities Total	0.94	0.0	0.63	-0.44	0.59	-0.71	0.36	0.64	-0.38	0.61	-0.11	1.0	0.8	0.59	-0.11	-0.81		0.73	0.54	0.82	0.65	-0.65	0.17	0.29	-0.34	-0.48
Other Current Assets	0.74	0.03	0.01	0.13	0.33	-0.42	0.17	0.01	-0.38	0.35	-0.05	0.69	0.99	0.33	-0.05	-0.49	0.73		0.42	0.31	0.96	-0.38	0.03	0.47	-0.47	0.11
Other Stockholder Equity	0.23	0.84	0.66	-0.72	0.98	-0.96	0.93	0.64	-0.98	0.97	-0.89	0.5	0.51	0.98	-0.89	-0.14	0.54	0.42		0.74	0.6	-0.97	0.87	-0.56	-0.94	-0.71
Total Liab	0.6	0.36	0.95	-0.86	0.84	-0.9	0.64	0.95	-0.59	0.81	-0.48	0.82	0.43	0.84	-0.48	-0.66	0.82	0.31	0.74		0.33	-0.87	0.5	-0.24	-0.47	-0.88
Net Invested Capital	0.59	0.29	0.05	0.03	0.49	-0.54	0.37	0.04	-0.59	0.5	-0.29	0.6	0.96	0.49	-0.29	-0.33	0.65	0.96	0.6	0.33		-0.51	0.26	0.23	-0.68	0.02
Long Term Investments	-0.34	-0.74	-0.81	0.83	-1.0	1.0	-0.91	-0.8	0.91	-0.99	0.82	-0.62	-0.48	-1.0	0.82	0.28	-0.65	-0.38	-0.97	-0.87	-0.51		-0.83	0.52	0.84	0.83
Property Plant And Equipment Gross	-0.17	0.93	0.58	-0.74	0.86	-0.78	0.98	0.55	-0.91	0.88	-0.96	0.13	0.1	0.86	-0.96	0.29	0.17	0.03	0.87	0.5	0.26	-0.83		-0.83	-0.85	-0.71
Total Current Assets	0.6	-0.86	-0.42	0.66	-0.58	0.45	-0.72	-0.4	0.63	-0.55	0.86	0.31	0.41	-0.58	0.86	-0.49	0.29	0.47	-0.56	-0.24	0.23	0.52	-0.83		0.55	0.61
Capital Stock	-0.05	-0.9	-0.37	0.48	-0.86	0.81	-0.86	-0.34	0.98	-0.84	0.9	-0.29	-0.51	-0.86	0.9	-0.08	-0.34	-0.47	-0.94	-0.47	-0.68	0.84	-0.85	0.55		0.45
Net Working Capital	-0.19	-0.54	-0.97	1.0	-0.83	0.82	-0.77	-0.97	0.6	-0.82	0.65	-0.48	-0.01	-0.83	0.65	0.27	-0.48	0.11	-0.71	-0.88	0.02	0.83	-0.71	0.61	0.45

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FOXO Technologies Account Relationship Matchups

Pair Trading with FOXO Technologies

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 FOXO Technologies 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 FOXO Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with FOXO Stock

0.79	LH	Laboratory	Pair Corr
0.8	OM	Outset Medical	Pair Corr

Moving against FOXO Stock

0.61	MDT	Medtronic PLC	Pair Corr
0.47	LIFWW	MSP Recovery	Pair Corr

The ability to find closely correlated positions to FOXO Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FOXO Technologies 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 FOXO Technologies - 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 FOXO Technologies to buy it.

The correlation of FOXO Technologies 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 FOXO Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FOXO Technologies 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 FOXO Technologies 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.

Pair Correlation Correlation Matching

Check out Investing Opportunities to better understand how to build diversified portfolios. 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.

You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Other Tools for FOXO Stock

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

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