PMT Stock | | | USD 13.34 0.19 1.44% |
PennyMac Mortgage financial indicator trend analysis is much more than just breaking down PennyMac Mortgage prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PennyMac Mortgage is a good investment. Please check the relationship between PennyMac Mortgage Depreciation And Amortization and its Selling And Marketing Expenses accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennyMac Mortgage Investment. 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.
Depreciation And Amortization vs Selling And Marketing Expenses
Depreciation And Amortization vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PennyMac Mortgage Depreciation And Amortization account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between PennyMac Mortgage's Depreciation And Amortization and Selling And Marketing Expenses is -0.9. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of PennyMac Mortgage Investment, assuming nothing else is changed. The correlation between historical values of PennyMac Mortgage's Depreciation And Amortization and Selling And Marketing 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 Depreciation And Amortization of PennyMac Mortgage Investment are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Depreciation And Amortization i.e., PennyMac Mortgage's Depreciation And Amortization and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | -0.9 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Selling And Marketing Expenses
Most indicators from PennyMac Mortgage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PennyMac 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennyMac Mortgage Investment. 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, PennyMac Mortgage's
Tax Provision is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 17.94 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.01 in 2024.
PennyMac Mortgage fundamental ratios Correlations
Click cells to compare fundamentals
PennyMac Mortgage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PennyMac Mortgage fundamental ratios Accounts
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Additional Tools for PennyMac Stock Analysis
When running PennyMac Mortgage's price analysis, check to
measure PennyMac Mortgage'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 PennyMac Mortgage is operating at the current time. Most of PennyMac Mortgage's value examination focuses on studying past and present price action to
predict the probability of PennyMac Mortgage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennyMac Mortgage's price. Additionally, you may evaluate how the addition of PennyMac Mortgage to your portfolios can decrease your overall portfolio volatility.