MITT Stock | | | USD 6.83 0.02 0.29% |
AG Mortgage financial indicator trend analysis is way more than just evaluating AG Mortgage Investment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AG Mortgage Investment is a good investment. Please check the relationship between AG Mortgage Net Receivables and its Short Long Term Debt Total accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in AG Mortgage Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AG Mortgage Investment Net Receivables account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AG Mortgage's Net Receivables and Short Long Term Debt Total is 0.41. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of AG Mortgage Investment, assuming nothing else is changed. The correlation between historical values of AG Mortgage's Net Receivables and Short Long Term Debt Total 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 Receivables of AG Mortgage Investment are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Net Receivables i.e., AG Mortgage's Net Receivables and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Most indicators from AG Mortgage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AG Mortgage Investment 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 AG Mortgage Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, AG Mortgage's
Discontinued Operations is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 28.90 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.
When running AG Mortgage's price analysis, check to
measure AG Mortgage'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 AG Mortgage is operating at the current time. Most of AG Mortgage's value examination focuses on studying past and present price action to
predict the probability of AG Mortgage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AG Mortgage's price. Additionally, you may evaluate how the addition of AG Mortgage to your portfolios can decrease your overall portfolio volatility.