DX Stock | | | USD 12.38 0.13 1.06% |
Dynex Capital financial indicator trend analysis is much more than just examining Dynex Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dynex Capital is a good investment. Please check the relationship between Dynex Capital Other Liab and its Total Current Liabilities accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynex Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Dynex Stock please use our
How to Invest in Dynex Capital guide.
Other Liab vs Total Current Liabilities
Other Liab vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dynex Capital Other Liab account and
Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dynex Capital's Other Liab and Total Current Liabilities is -0.21. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Dynex Capital, assuming nothing else is changed. The correlation between historical values of Dynex Capital's Other Liab and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Dynex Capital are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Liab i.e., Dynex Capital's Other Liab and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Liab
Total Current Liabilities
Total Current Liabilities is an item on Dynex Capital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Dynex Capital are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Dynex Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dynex Capital 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynex Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Dynex Stock please use our
How to Invest in Dynex Capital guide.At this time, Dynex Capital's
Issuance Of Capital Stock is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.30 in 2024, whereas
Selling General Administrative is likely to drop slightly above 16.9
M in 2024.
Dynex Capital fundamental ratios Correlations
Click cells to compare fundamentals
Dynex Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dynex Capital fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Dynex Stock Analysis
When running Dynex Capital's price analysis, check to
measure Dynex Capital'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 Dynex Capital is operating at the current time. Most of Dynex Capital's value examination focuses on studying past and present price action to
predict the probability of Dynex Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynex Capital's price. Additionally, you may evaluate how the addition of Dynex Capital to your portfolios can decrease your overall portfolio volatility.