| 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 Operating Income and its Total Revenue 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.
Operating Income vs Total Revenue
Operating Income vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
New York Mortgage Operating Income account and
Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between New York's Operating Income and Total Revenue is 0.61. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Revenue 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 Operating Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of New York Mortgage are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Operating Income i.e., New York's Operating Income and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.61 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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.
Total Revenue
Total revenue comprises all receipts New York Mortgage 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.
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.
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
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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.