0IBC Stock | | | 176.41 1.43 0.82% |
Discover Financial financial indicator trend analysis is much more than just examining Discover Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Discover Financial is a good investment. Please check the relationship between Discover Financial Net Income and its Dividends Paid accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Discover Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Income vs Dividends Paid
Net Income vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Discover Financial Net Income account and
Dividends Paid. At this time, the significance of the direction appears to have very week relationship.
The correlation between Discover Financial's Net Income and Dividends Paid is 0.28. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Discover Financial Services, assuming nothing else is changed. The correlation between historical values of Discover Financial's Net Income and Dividends Paid 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 Discover Financial Services are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Net Income i.e., Discover Financial's Net Income and Dividends Paid go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Discover Financial financial statement analysis. It represents the amount of money remaining after all of Discover Financial Services operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Discover Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Discover Financial 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Discover Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 1.4
B in 2024.
Tax Provision is likely to drop to about 251.4
M in 2024
Discover Financial fundamental ratios Correlations
Click cells to compare fundamentals
Discover Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Discover Financial fundamental ratios Accounts
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Additional Tools for Discover Stock Analysis
When running Discover Financial's price analysis, check to
measure Discover Financial'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 Discover Financial is operating at the current time. Most of Discover Financial's value examination focuses on studying past and present price action to
predict the probability of Discover Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Discover Financial's price. Additionally, you may evaluate how the addition of Discover Financial to your portfolios can decrease your overall portfolio volatility.