VVX Stock | | | USD 59.49 0.67 1.14% |
V2X financial indicator trend analysis is much more than just breaking down V2X Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether V2X Inc is a good investment. Please check the relationship between V2X Other Operating Expenses and its Net Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in V2X Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
Other Operating Expenses vs Net Income
Other Operating Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
V2X Inc Other Operating Expenses account and
Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between V2X's Other Operating Expenses and Net Income is -0.74. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of V2X Inc, assuming nothing else is changed. The correlation between historical values of V2X's Other Operating Expenses and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of V2X Inc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Operating Expenses i.e., V2X's Other Operating Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of V2X Inc. It is also known as V2X overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in V2X Inc financial statement analysis. It represents the amount of money remaining after all of V2X Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from V2X's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into V2X Inc 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
World Market Map to better understand how to build diversified portfolios, which includes a position in V2X Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
Selling General Administrative is likely to drop to about 114.9
M in 2024.
Tax Provision is likely to rise to about (1.8
M) in 2024
V2X fundamental ratios Correlations
Click cells to compare fundamentals
V2X Account Relationship Matchups
High Positive Relationship
High Negative Relationship
V2X fundamental ratios Accounts
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Additional Tools for V2X Stock Analysis
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measure V2X'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 V2X is operating at the current time. Most of V2X's value examination focuses on studying past and present price action to
predict the probability of V2X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move V2X's price. Additionally, you may evaluate how the addition of V2X to your portfolios can decrease your overall portfolio volatility.