| IBEX Stock | | | USD 20.36 0.44 2.12% |
IBEX financial indicator trend analysis is infinitely more than just investigating IBEX recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IBEX is a good investment. Please check the relationship between IBEX Interest Income and its Other Operating Expenses accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IBEX. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy IBEX Stock please use our
How to Invest in IBEX guide.
Interest Income vs Other Operating Expenses
Interest Income vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
IBEX Interest Income account and
Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between IBEX's Interest Income and Other Operating Expenses is 0.59. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of IBEX, assuming nothing else is changed. The correlation between historical values of IBEX's Interest Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of IBEX are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Interest Income i.e., IBEX's Interest Income and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.59 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of IBEX. It is also known as IBEX 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.
Most indicators from IBEX's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IBEX 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IBEX. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy IBEX Stock please use our
How to Invest in IBEX guide.At this time, IBEX's
Discontinued Operations is fairly stable compared to the past year.
Tax Provision is likely to rise to about 7.7
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 88.5
M in 2024.
IBEX fundamental ratios Correlations
Click cells to compare fundamentals
IBEX Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IBEX fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for IBEX Stock Analysis
When running IBEX's price analysis, check to
measure IBEX'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 IBEX is operating at the current time. Most of IBEX's value examination focuses on studying past and present price action to
predict the probability of IBEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IBEX's price. Additionally, you may evaluate how the addition of IBEX to your portfolios can decrease your overall portfolio volatility.