ASPS Stock | | | USD 0.89 0.05 5.32% |
Altisource Portfolio financial indicator trend analysis is way more than just evaluating Altisource Portfolio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Altisource Portfolio is a good investment. Please check the relationship between Altisource Portfolio Capex To Depreciation and its Net Income Per Share accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Altisource Portfolio Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Capex To Depreciation vs Net Income Per Share
Capex To Depreciation vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Altisource Portfolio Capex To Depreciation account and
Net Income Per Share. At this time, the significance of the direction appears to have weak relationship.
The correlation between Altisource Portfolio's Capex To Depreciation and Net Income Per Share is 0.36. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Altisource Portfolio Solutions, assuming nothing else is changed. The correlation between historical values of Altisource Portfolio's Capex To Depreciation and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Altisource Portfolio Solutions are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Capex To Depreciation i.e., Altisource Portfolio's Capex To Depreciation and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Net Income Per Share
Most indicators from Altisource Portfolio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Altisource Portfolio 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 Altisource Portfolio Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Tax Provision is likely to gain to about 11
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 36.6
M in 2024.
Altisource Portfolio fundamental ratios Correlations
Click cells to compare fundamentals
Altisource Portfolio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Altisource Portfolio fundamental ratios Accounts
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Additional Tools for Altisource Stock Analysis
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predict the probability of Altisource Portfolio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altisource Portfolio's price. Additionally, you may evaluate how the addition of Altisource Portfolio to your portfolios can decrease your overall portfolio volatility.