GNW Stock | | | USD 7.37 0.15 1.99% |
Genworth Financial financial indicator trend analysis is much more than just examining Genworth Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genworth Financial is a good investment. Please check the relationship between Genworth Financial Net Income and its Net Income Per E B T accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genworth Financial. 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.
For more information on how to buy Genworth Stock please use our
How to Invest in Genworth Financial guide.
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
Genworth Financial Net Income account and
Net Income Per E B T. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Genworth Financial's Net Income and Net Income Per E B T is 0.44. 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 Genworth Financial, assuming nothing else is changed. The correlation between historical values of Genworth 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 Genworth 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., Genworth Financial's Net Income and Net Income Per E B T go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Genworth Financial financial statement analysis. It represents the amount of money remaining after all of Genworth 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 Genworth Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genworth 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genworth Financial. 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.
For more information on how to buy Genworth Stock please use our
How to Invest in Genworth Financial guide.At this time, Genworth Financial's
Discontinued Operations is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 7.30 in 2024, whereas
Tax Provision is likely to drop slightly above 175.9
M in 2024.
Genworth Financial fundamental ratios Correlations
Click cells to compare fundamentals
Genworth Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Genworth Financial fundamental ratios Accounts
Also Currently Popular
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.
Additional Tools for Genworth Stock Analysis
When running Genworth Financial's price analysis, check to
measure Genworth Financial'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 Genworth Financial is operating at the current time. Most of Genworth Financial's value examination focuses on studying past and present price action to
predict the probability of Genworth Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genworth Financial's price. Additionally, you may evaluate how the addition of Genworth Financial to your portfolios can decrease your overall portfolio volatility.