| RMAX Stock | | | USD 13.23 1.62 13.95% |
Re Max financial indicator trend analysis is much more than just breaking down Re Max Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Re Max Holding is a good investment. Please check the relationship between Re Max Net Income and its Other Operating Expenses accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Re Max Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Net Income vs Other Operating Expenses
Net Income vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Re Max Holding Net Income account and
Other Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Re Max's Net Income and Other Operating Expenses is -0.53. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Re Max Holding, assuming nothing else is changed. The correlation between historical values of Re Max's Net Income and Other Operating 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 Net Income of Re Max Holding are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Income i.e., Re Max's Net Income and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.53 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Re Max Holding financial statement analysis. It represents the amount of money remaining after all of Re Max Holding operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Re Max Holding. It is also known as Re Max overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Re Max's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Re Max Holding 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 Re Max Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
At this time, Re Max's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.57 in 2024, whereas
Selling General Administrative is likely to drop slightly above 136.7
M in 2024.
Re Max fundamental ratios Correlations
Click cells to compare fundamentals
Re Max Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Re Max fundamental ratios Accounts
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Additional Tools for RMAX Stock Analysis
When running Re Max's price analysis, check to
measure Re Max'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 Re Max is operating at the current time. Most of Re Max's value examination focuses on studying past and present price action to
predict the probability of Re Max's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Re Max's price. Additionally, you may evaluate how the addition of Re Max to your portfolios can decrease your overall portfolio volatility.