| NYMT Stock | | | USD 5.98 0.09 1.53% |
New York financial indicator trend analysis is infinitely more than just investigating New York Mortgage recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New York Mortgage is a good investment. Please check the relationship between New York Net Interest Income and its Operating Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New York Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
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
New York Mortgage Net Interest Income account and
Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between New York's Net Interest Income and Operating Income is -0.38. 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 New York Mortgage, assuming nothing else is changed. The correlation between historical values of New York'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 New York Mortgage 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., New York's Net Interest Income and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.38 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
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 New York Mortgage 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 New York Mortgage 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 New York's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New York Mortgage 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New York Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
At this time, New York's
Tax Provision is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 2.7
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 28.2
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Income | 206.9M | 258.4M | 242.8M | 289.4M | Net Interest Income | 123.6M | 129.0M | 72.0M | 107.4M |
New York fundamental ratios Correlations
Click cells to compare fundamentals
New York Account Relationship Matchups
High Positive Relationship
High Negative Relationship
New York fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for New Stock Analysis
When running New York's price analysis, check to
measure New York'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 New York is operating at the current time. Most of New York's value examination focuses on studying past and present price action to
predict the probability of New York's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New York's price. Additionally, you may evaluate how the addition of New York to your portfolios can decrease your overall portfolio volatility.