| HMST Stock | | | USD 11.16 0.18 1.64% |
HomeStreet financial indicator trend analysis is much more than just examining HomeStreet latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HomeStreet is a good investment. Please check the relationship between HomeStreet Roic and its Roe accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HomeStreet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy HomeStreet Stock please use our
How to Invest in HomeStreet guide.
Roic vs Roe
Roic vs Roe Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
HomeStreet Roic account and
Roe. At this time, the significance of the direction appears to have strong relationship.
The correlation between HomeStreet's Roic and Roe is 0.63. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Roe in the same time period over historical financial statements of HomeStreet, assuming nothing else is changed. The correlation between historical values of HomeStreet's Roic and Roe is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of HomeStreet are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Roic i.e., HomeStreet's Roic and Roe go up and down completely randomly.
Correlation Coefficient | 0.63 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Roe
Most indicators from HomeStreet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HomeStreet 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 HomeStreet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy HomeStreet Stock please use our
How to Invest in HomeStreet guide.
Selling General Administrative is likely to drop to about 36.9
M in 2024.
Tax Provision is likely to gain to about (1.9
M) in 2024
HomeStreet fundamental ratios Correlations
Click cells to compare fundamentals
HomeStreet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HomeStreet fundamental ratios Accounts
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Additional Tools for HomeStreet Stock Analysis
When running HomeStreet's price analysis, check to
measure HomeStreet'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 HomeStreet is operating at the current time. Most of HomeStreet's value examination focuses on studying past and present price action to
predict the probability of HomeStreet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HomeStreet's price. Additionally, you may evaluate how the addition of HomeStreet to your portfolios can decrease your overall portfolio volatility.