0IKZ Stock | | | 2.49 0.15 5.68% |
Freddie Mac financial indicator trend analysis is much more than just examining Freddie Mac latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freddie Mac is a good investment. Please check the relationship between Freddie Mac Other Assets and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Freddie Mac. 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.
Other Assets vs Long Term Debt
Other Assets vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Freddie Mac Other Assets account and
Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Freddie Mac's Other Assets and Long Term Debt is 0.62. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Freddie Mac, assuming nothing else is changed. The correlation between historical values of Freddie Mac's Other Assets and Long Term Debt 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 Assets of Freddie Mac are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Assets i.e., Freddie Mac's Other Assets and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Assets
Long Term Debt
Long-term debt is a debt that Freddie Mac has held for over one year. Long-term debt appears on Freddie Mac balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Freddie Mac balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Freddie Mac's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Freddie Mac 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 Freddie Mac. 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.
Tax Provision is likely to gain to about 2.5
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.5
B in 2024.
Freddie Mac fundamental ratios Correlations
Click cells to compare fundamentals
Freddie Mac Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Freddie Mac 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 Freddie Stock Analysis
When running Freddie Mac's price analysis, check to
measure Freddie Mac'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 Freddie Mac is operating at the current time. Most of Freddie Mac's value examination focuses on studying past and present price action to
predict the probability of Freddie Mac's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freddie Mac's price. Additionally, you may evaluate how the addition of Freddie Mac to your portfolios can decrease your overall portfolio volatility.