0KDU Stock | | | 5.48 0.20 3.52% |
Overstock financial indicator trend analysis is much more than just breaking down Overstock prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Overstock is a good investment. Please check the relationship between Overstock Change To Netincome and its Stock Based Compensation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Overstock. 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.
Change To Netincome vs Stock Based Compensation
Change To Netincome vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Overstock Change To Netincome account and
Stock Based Compensation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Overstock's Change To Netincome and Stock Based Compensation is -0.06. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Overstock, assuming nothing else is changed. The correlation between historical values of Overstock's Change To Netincome and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Overstock are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change To Netincome i.e., Overstock's Change To Netincome and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Netincome
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Overstock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Overstock 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 Overstock. 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.
At this time, Overstock's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 262.7
M in 2024, whereas
Tax Provision is likely to drop slightly above 845.6
K in 2024.
Overstock fundamental ratios Correlations
Click cells to compare fundamentals
Overstock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Overstock fundamental ratios Accounts
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Additional Tools for Overstock Stock Analysis
When running Overstock's price analysis, check to
measure Overstock'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 Overstock is operating at the current time. Most of Overstock's value examination focuses on studying past and present price action to
predict the probability of Overstock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Overstock's price. Additionally, you may evaluate how the addition of Overstock to your portfolios can decrease your overall portfolio volatility.