IBEX Stock | | | USD 20.92 0.32 1.55% |
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 Total Revenue and its Selling General Administrative 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.
Total Revenue vs Selling General Administrative
Total Revenue vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
IBEX Total Revenue account and
Selling General Administrative. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between IBEX's Total Revenue and Selling General Administrative is -0.32. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of IBEX, assuming nothing else is changed. The correlation between historical values of IBEX's Total Revenue and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of IBEX are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Revenue i.e., IBEX's Total Revenue and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts IBEX generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Selling General Administrative
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.