| 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 Total Other Income Expense Net and its Net Income 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.
Total Other Income Expense Net vs Net Income
Total Other Income Expense Net vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Overstock Total Other Income Expense Net account and
Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Overstock's Total Other Income Expense Net and Net Income is 0.8. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Net Income in the same time period over historical financial statements of Overstock, assuming nothing else is changed. The correlation between historical values of Overstock's Total Other Income Expense Net and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Overstock are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Other Income Expense Net i.e., Overstock's Total Other Income Expense Net and Net Income go up and down completely randomly.
Correlation Coefficient | 0.8 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Total Other Income Expense Net
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Overstock financial statement analysis. It represents the amount of money remaining after all of Overstock operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.