FSCO Net Interest Income vs Operating Income Analysis
| FSCO Stock | 6.80 0.03 0.44% |
FS Credit financial indicator trend analysis is much more than just examining FS Credit Opportunities latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FS Credit Opportunities is a good investment. Please check the relationship between FS Credit Net Interest Income and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FS Credit Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Net Interest Income vs Operating Income
Net Interest Income vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FS Credit Opportunities Net Interest Income account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between FS Credit's Net Interest Income and Operating Income is 0.94. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of FS Credit Opportunities, assuming nothing else is changed. The correlation between historical values of FS Credit's Net Interest Income and Operating 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 Net Interest Income of FS Credit Opportunities are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Interest Income i.e., FS Credit's Net Interest Income and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Operating Income
Operating Income is the amount of profit realized from FS Credit Opportunities operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of FS Credit Opportunities is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from FS Credit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FS Credit Opportunities 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 FS Credit Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, FS Credit's Tax Provision is very stable compared to the past year. As of the 1st of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Selling General Administrative is likely to drop about 9.8 M.
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 184.6M | 196.6M | 209.7M | Tax Provision | 4.1M | 4.5M | 4.7M |
FS Credit fundamental ratios Correlations
Click cells to compare fundamentals
FS Credit Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with FS Credit
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 FS Credit 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 FS Credit will appreciate offsetting losses from the drop in the long position's value.Moving together with FSCO Stock
Moving against FSCO Stock
| 0.78 | RC | Ready Capital Corp | PairCorr |
| 0.74 | BRACU | Broad Capital Acquisition | PairCorr |
| 0.42 | PFTAU | Portage Fintech Acqu | PairCorr |
| 0.39 | TETEW | Technology Telecommunicatio | PairCorr |
| 0.38 | EMCGU | Embrace Change Acqui | PairCorr |
The ability to find closely correlated positions to FS Credit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FS Credit 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 FS Credit - 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 FS Credit Opportunities to buy it.
The correlation of FS Credit 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 FS Credit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FS Credit Opportunities 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 FS Credit 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FS Credit Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Asset Management & Custody Banks space 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 FS Credit. If investors know FSCO 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 FS Credit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.16 |
The market value of FS Credit Opportunities is measured differently than its book value, which is the value of FSCO that is recorded on the company's balance sheet. Investors also form their own opinion of FS Credit's value that differs from its market value or its book value, called intrinsic value, which is FS Credit'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 FS Credit's market value can be influenced by many factors that don't directly affect FS Credit'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 FS Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if FS Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FS Credit'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.