Ellington Short Long Term Debt Total vs Long Term Investments 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 Short Long Term Debt Total and its Long Term Investments 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.
Short Long Term Debt Total vs Long Term Investments
Short Long Term Debt Total vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellington Financial Short Long Term Debt Total account and Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ellington Financial's Short Long Term Debt Total and Long Term Investments is 0.8. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Long Term Investments 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 Short Long Term Debt Total and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Ellington Financial are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Short Long Term Debt Total i.e., Ellington Financial's Short Long Term Debt Total and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Long Term Debt Total
Long Term Investments
Long Term Investments is an item on the asset side of Ellington Financial balance sheet that represents investments Ellington Financial intends to hold for over a year. Ellington Financial long term investments may include different instruments such as stocks, bonds, real estate and cash.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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.