RFACR Net Income vs Income Before Tax Analysis
| RFACR Stock | USD 0.28 0.03 12.00% |
RF Acquisition financial indicator trend analysis is much more than just breaking down RF Acquisition Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RF Acquisition Corp is a good investment. Please check the relationship between RF Acquisition Net Income and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RF Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Net Income vs Income Before Tax
Net Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RF Acquisition Corp Net Income account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between RF Acquisition's Net Income and Income Before Tax is 0.43. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of RF Acquisition Corp, assuming nothing else is changed. The correlation between historical values of RF Acquisition's Net Income and Income Before Tax 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 Income of RF Acquisition Corp are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income i.e., RF Acquisition's Net Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.43 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in RF Acquisition Corp financial statement analysis. It represents the amount of money remaining after all of RF Acquisition Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on RF Acquisition income statement and is an important metric when analyzing RF Acquisition Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from RF Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RF Acquisition Corp 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 RF Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. As of 01/18/2025, Selling General Administrative is likely to drop to 527.20. In addition to that, Enterprise Value is likely to drop to about 95.5 M
| 2024 | 2025 (projected) | Interest Expense | 1.3M | 1.2M | Income Tax Expense | 633.0K | 324.7K |
RF Acquisition fundamental ratios Correlations
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RF Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with RF Acquisition
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if RF Acquisition position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in RF Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving against RFACR Stock
The ability to find closely correlated positions to RF Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RF Acquisition when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RF Acquisition - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RF Acquisition Corp to buy it.
The correlation of RF Acquisition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RF Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RF Acquisition Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for RF Acquisition can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for RFACR Stock Analysis
When running RF Acquisition's price analysis, check to measure RF Acquisition'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 RF Acquisition is operating at the current time. Most of RF Acquisition's value examination focuses on studying past and present price action to predict the probability of RF Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RF Acquisition's price. Additionally, you may evaluate how the addition of RF Acquisition to your portfolios can decrease your overall portfolio volatility.