NLY Stock | | | USD 19.82 0.11 0.56% |
Annaly Capital financial indicator trend analysis is way more than just evaluating Annaly Capital Management prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Annaly Capital Management is a good investment. Please check the relationship between Annaly Capital Non Currrent Assets Other and its Total Current Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Annaly Capital Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Non Currrent Assets Other vs Total Current Assets
Non Currrent Assets Other vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Annaly Capital Management Non Currrent Assets Other account and
Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Annaly Capital's Non Currrent Assets Other and Total Current Assets is -0.37. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Annaly Capital Management, assuming nothing else is changed. The correlation between historical values of Annaly Capital's Non Currrent Assets Other and Total 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 Non Currrent Assets Other of Annaly Capital Management are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Currrent Assets Other i.e., Annaly Capital's Non Currrent Assets Other and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Annaly Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Annaly Capital Management 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Annaly Capital Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, Annaly Capital's
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to rise to about 952
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 40.8
M in 2024.
Annaly Capital fundamental ratios Correlations
Click cells to compare fundamentals
Annaly Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Annaly Capital fundamental ratios Accounts
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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.
Additional Tools for Annaly Stock Analysis
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measure Annaly Capital'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 Annaly Capital is operating at the current time. Most of Annaly Capital's value examination focuses on studying past and present price action to
predict the probability of Annaly Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Annaly Capital's price. Additionally, you may evaluate how the addition of Annaly Capital to your portfolios can decrease your overall portfolio volatility.