| 0KDU Stock | | | 5.92 0.05 0.84% |
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 Minority Interest and its Total Operating Expenses 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.
Minority Interest vs Total Operating Expenses
Minority Interest vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Overstock Minority Interest account and
Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Overstock's Minority Interest and Total Operating Expenses is 0.9. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Overstock, assuming nothing else is changed. The correlation between historical values of Overstock's Minority Interest and Total 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 Minority Interest of Overstock are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Minority Interest i.e., Overstock's Minority Interest and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.9 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Overstock whose combined shares represent less than 50% of the total outstanding shares issued by Overstock have a minority interest in Overstock.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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.
Discontinued Operations is likely to gain to about 262.7
M in 2025, whereas
Selling General Administrative is likely to drop slightly above 212.9
M in 2025.
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.