FDUS Stock | | | USD 21.08 0.02 0.1% |
Fidus Investment financial indicator trend analysis is much more than just examining Fidus Investment Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fidus Investment Corp is a good investment. Please check the relationship between Fidus Investment Common Stock Total Equity and its Other Current Assets accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidus Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Common Stock Total Equity vs Other Current Assets
Common Stock Total Equity vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fidus Investment Corp Common Stock Total Equity account and
Other Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Fidus Investment's Common Stock Total Equity and Other Current Assets is 0.15. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Fidus Investment Corp, assuming nothing else is changed. The correlation between historical values of Fidus Investment's Common Stock Total Equity and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Fidus Investment Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock Total Equity i.e., Fidus Investment's Common Stock Total Equity and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Fidus Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fidus Investment Corp 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, which includes a position in Fidus Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
At this time, Fidus Investment's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 14
M in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(332.44).
Fidus Investment fundamental ratios Correlations
Click cells to compare fundamentals
Fidus Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fidus Investment fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Fidus Stock Analysis
When running Fidus Investment's price analysis, check to
measure Fidus Investment'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 Fidus Investment is operating at the current time. Most of Fidus Investment's value examination focuses on studying past and present price action to
predict the probability of Fidus Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidus Investment's price. Additionally, you may evaluate how the addition of Fidus Investment to your portfolios can decrease your overall portfolio volatility.