Ellington Stock Based Compensation vs Sale Purchase Of Stock Analysis

EFC-PD Stock   23.06  0.30  1.28%   
Ellington Financial financial indicator trend analysis is much more than just examining Ellington Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ellington Financial is a good investment. Please check the relationship between Ellington Financial Stock Based Compensation and its Sale Purchase Of Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington 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 information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.

Stock Based Compensation vs Sale Purchase Of Stock

Stock Based Compensation vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ellington Financial Stock Based Compensation account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ellington Financial's Stock Based Compensation and Sale Purchase Of Stock is -0.17. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Ellington Financial, assuming nothing else is changed. The correlation between historical values of Ellington Financial's Stock Based Compensation and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Ellington Financial are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Stock Based Compensation i.e., Ellington Financial's Stock Based Compensation and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Sale Purchase Of Stock

Most indicators from Ellington Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ellington 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington 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 information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.At present, Ellington Financial's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Income175.5M282.2M370.2M275.4M
Net Interest Income131.5M140.4M107.7M98.3M

Ellington Financial fundamental ratios Correlations

-0.6-0.59-0.94-0.95-0.70.680.40.79-0.55-0.6-0.60.78-0.64-0.6-0.68-0.720.93-0.910.690.9-0.72-0.59-0.6-0.60.34
-0.61.00.630.720.87-0.950.29-0.930.940.971.0-0.960.980.970.820.98-0.720.530.07-0.860.941.01.01.0-0.13
-0.591.00.620.710.86-0.950.3-0.930.930.981.0-0.960.980.980.810.98-0.710.520.08-0.850.931.01.01.0-0.15
-0.940.630.620.990.72-0.61-0.52-0.810.510.640.62-0.740.720.640.830.75-0.990.97-0.73-0.930.750.620.630.62-0.31
-0.950.720.710.990.8-0.71-0.41-0.860.620.710.71-0.820.790.710.870.83-1.00.96-0.64-0.970.830.710.720.71-0.27
-0.70.870.860.720.8-0.910.01-0.790.920.760.87-0.880.90.760.90.93-0.80.74-0.16-0.90.980.860.870.870.22
0.68-0.95-0.95-0.61-0.71-0.91-0.320.88-0.98-0.89-0.950.97-0.9-0.89-0.73-0.950.7-0.55-0.040.86-0.94-0.95-0.95-0.950.04
0.40.290.3-0.52-0.410.01-0.32-0.060.390.270.3-0.180.130.27-0.250.120.43-0.620.920.20.070.310.290.30.08
0.79-0.93-0.93-0.81-0.86-0.790.88-0.06-0.8-0.96-0.930.96-0.93-0.96-0.79-0.950.85-0.680.220.93-0.88-0.93-0.93-0.930.42
-0.550.940.930.510.620.92-0.980.39-0.80.850.94-0.920.890.850.730.93-0.610.470.17-0.790.940.930.940.940.12
-0.60.970.980.640.710.76-0.890.27-0.960.850.98-0.930.961.00.770.94-0.710.50.04-0.830.870.980.980.98-0.33
-0.61.01.00.620.710.87-0.950.3-0.930.940.98-0.960.980.980.810.98-0.710.520.08-0.860.941.01.01.0-0.14
0.78-0.96-0.96-0.74-0.82-0.880.97-0.180.96-0.92-0.93-0.96-0.94-0.93-0.79-0.970.81-0.650.120.93-0.94-0.96-0.96-0.960.22
-0.640.980.980.720.790.9-0.90.13-0.930.890.960.98-0.940.960.910.99-0.80.64-0.06-0.910.960.980.980.98-0.11
-0.60.970.980.640.710.76-0.890.27-0.960.851.00.98-0.930.960.770.94-0.710.50.04-0.830.870.980.980.98-0.33
-0.680.820.810.830.870.9-0.73-0.25-0.790.730.770.81-0.790.910.770.89-0.880.82-0.34-0.910.910.810.820.810.05
-0.720.980.980.750.830.93-0.950.12-0.950.930.940.98-0.970.990.940.89-0.830.68-0.11-0.940.980.980.980.98-0.1
0.93-0.72-0.71-0.99-1.0-0.80.70.430.85-0.61-0.71-0.710.81-0.8-0.71-0.88-0.83-0.960.640.97-0.83-0.71-0.72-0.710.26
-0.910.530.520.970.960.74-0.55-0.62-0.680.470.50.52-0.650.640.50.820.68-0.96-0.78-0.880.720.520.530.52-0.1
0.690.070.08-0.73-0.64-0.16-0.040.920.220.170.040.080.12-0.060.04-0.34-0.110.64-0.780.44-0.140.080.070.080.28
0.9-0.86-0.85-0.93-0.97-0.90.860.20.93-0.79-0.83-0.860.93-0.91-0.83-0.91-0.940.97-0.880.44-0.94-0.85-0.86-0.860.18
-0.720.940.930.750.830.98-0.940.07-0.880.940.870.94-0.940.960.870.910.98-0.830.72-0.14-0.940.940.940.940.05
-0.591.01.00.620.710.86-0.950.31-0.930.930.981.0-0.960.980.980.810.98-0.710.520.08-0.850.941.01.0-0.15
-0.61.01.00.630.720.87-0.950.29-0.930.940.981.0-0.960.980.980.820.98-0.720.530.07-0.860.941.01.0-0.14
-0.61.01.00.620.710.87-0.950.3-0.930.940.981.0-0.960.980.980.810.98-0.710.520.08-0.860.941.01.0-0.14
0.34-0.13-0.15-0.31-0.270.220.040.080.420.12-0.33-0.140.22-0.11-0.330.05-0.10.26-0.10.280.180.05-0.15-0.14-0.14
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Ellington Financial Account Relationship Matchups

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.
When determining whether Ellington Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ellington Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ellington Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ellington Financial Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington 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 information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Please note, there is a significant difference between Ellington Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellington Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellington Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.