Ellington Net Income vs Net Income Per E B T Analysis
EFC-PE Stock | 25.56 0.00 0.00% |
Ellington Financial financial indicator trend analysis is much more than just examining Ellington Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ellington Financial is a good investment. Please check the relationship between Ellington Financial Net Income and its Net Income Per E B T accounts. Check out Investing Opportunities to better understand how to build diversified portfolios. 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.
Net Income vs Net Income Per E B T
Net Income vs Net Income Per E B T Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellington Financial Net Income account and Net Income Per E B T. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ellington Financial's Net Income and Net Income Per E B T is 0.14. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Income Per E B T in the same time period over historical financial statements of Ellington Financial, assuming nothing else is changed. The correlation between historical values of Ellington Financial's Net Income and Net Income Per E B T is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Ellington Financial are associated (or correlated) with its Net Income Per E B T. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per E B T has no effect on the direction of Net Income i.e., Ellington Financial's Net Income and Net Income Per E B T go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Ellington Financial financial statement analysis. It represents the amount of money remaining after all of Ellington Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Net Income Per E B T
Most indicators from Ellington Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ellington Financial 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 Investing Opportunities to better understand how to build diversified portfolios. 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 present, Ellington Financial's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 175.5M | 282.2M | 370.2M | 275.4M | Net Interest Income | 131.5M | 140.4M | 107.7M | 98.3M |
Ellington Financial fundamental ratios Correlations
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Ellington Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.When determining whether Ellington Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ellington Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ellington Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ellington Financial Stock:Check out Investing Opportunities to better understand how to build diversified portfolios. 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. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.