Dynex Accounts Payable vs Common Stock Analysis

DX Stock  USD 11.92  0.26  2.23%   
Dynex Capital financial indicator trend analysis is much more than just examining Dynex Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dynex Capital is a good investment. Please check the relationship between Dynex Capital Accounts Payable and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynex Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Dynex Stock please use our How to Invest in Dynex Capital guide.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dynex Capital Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Dynex Capital's Accounts Payable and Common Stock is 0.16. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of Dynex Capital, assuming nothing else is changed. The correlation between historical values of Dynex Capital's Accounts Payable and Common 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 Accounts Payable of Dynex Capital are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., Dynex Capital's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Dynex Capital obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Dynex Capital are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock

Most indicators from Dynex Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dynex Capital 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 Dynex Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Dynex Stock please use our How to Invest in Dynex Capital guide.At this time, Dynex Capital's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.30 in 2024, whereas Selling General Administrative is likely to drop slightly above 16.9 M in 2024.
 2023 2024 (projected)
Extraordinary Items198.9K189.0K
Cost Of Revenue2.2M2.0M

Dynex Capital fundamental ratios Correlations

0.520.94-0.820.820.910.93-0.610.880.420.50.430.080.420.02-0.070.960.270.360.740.4-0.09-0.28-0.410.070.05
0.520.35-0.420.390.580.36-0.650.480.070.49-0.020.10.060.0-0.050.560.770.050.630.570.28-0.06-0.570.20.09
0.940.35-0.880.880.751.0-0.390.880.320.490.580.00.32-0.150.030.830.10.240.620.15-0.19-0.33-0.16-0.040.05
-0.82-0.42-0.88-1.0-0.56-0.90.33-0.960.05-0.67-0.660.140.050.08-0.03-0.67-0.390.07-0.65-0.110.130.210.110.01-0.16
0.820.390.88-1.00.570.9-0.330.96-0.060.670.66-0.14-0.06-0.080.030.670.36-0.070.650.11-0.14-0.21-0.11-0.010.16
0.910.580.75-0.560.570.73-0.680.640.560.340.240.250.560.15-0.160.970.250.510.660.640.13-0.12-0.650.10.08
0.930.361.0-0.90.90.73-0.370.90.270.510.6-0.010.27-0.180.040.810.130.190.630.14-0.18-0.32-0.15-0.050.07
-0.61-0.65-0.390.33-0.33-0.68-0.37-0.45-0.42-0.560.210.15-0.42-0.330.13-0.71-0.36-0.45-0.76-0.680.040.160.7-0.41-0.07
0.880.480.88-0.960.960.640.9-0.45-0.010.650.55-0.06-0.01-0.12-0.040.750.46-0.030.730.16-0.15-0.22-0.170.060.1
0.420.070.320.05-0.060.560.27-0.42-0.01-0.22-0.050.21.00.42-0.230.51-0.390.970.10.25-0.27-0.34-0.260.18-0.24
0.50.490.49-0.670.670.340.51-0.560.65-0.22-0.05-0.67-0.22-0.080.070.430.42-0.20.850.290.01-0.15-0.30.30.26
0.43-0.020.58-0.660.660.240.60.210.55-0.05-0.050.36-0.050.00.00.270.04-0.05-0.07-0.22-0.16-0.060.22-0.35-0.02
0.080.10.00.14-0.140.25-0.010.15-0.060.2-0.670.360.2-0.01-0.110.150.10.15-0.380.10.150.1-0.1-0.34-0.27
0.420.060.320.05-0.060.560.27-0.42-0.011.0-0.22-0.050.20.42-0.230.51-0.390.970.10.25-0.27-0.34-0.260.18-0.24
0.020.0-0.150.08-0.080.15-0.18-0.33-0.120.42-0.080.0-0.010.42-0.110.070.050.620.020.22-0.2-0.16-0.230.4-0.1
-0.07-0.050.03-0.030.03-0.160.040.13-0.04-0.230.070.0-0.11-0.23-0.11-0.110.04-0.230.03-0.030.05-0.240.03-0.120.15
0.960.560.83-0.670.670.970.81-0.710.750.510.430.270.150.510.07-0.110.260.450.720.610.07-0.18-0.620.060.07
0.270.770.1-0.390.360.250.13-0.360.46-0.390.420.040.1-0.390.050.040.26-0.330.470.360.270.06-0.360.170.15
0.360.050.240.07-0.070.510.19-0.45-0.030.97-0.2-0.050.150.970.62-0.230.45-0.330.10.27-0.3-0.33-0.280.27-0.22
0.740.630.62-0.650.650.660.63-0.760.730.10.85-0.07-0.380.10.020.030.720.470.10.430.01-0.24-0.450.490.24
0.40.570.15-0.110.110.640.14-0.680.160.250.29-0.220.10.250.22-0.030.610.360.270.430.580.17-1.0-0.10.17
-0.090.28-0.190.13-0.140.13-0.180.04-0.15-0.270.01-0.160.15-0.27-0.20.050.070.27-0.30.010.580.57-0.57-0.230.35
-0.28-0.06-0.330.21-0.21-0.12-0.320.16-0.22-0.34-0.15-0.060.1-0.34-0.16-0.24-0.180.06-0.33-0.240.170.57-0.17-0.070.67
-0.41-0.57-0.160.11-0.11-0.65-0.150.7-0.17-0.26-0.30.22-0.1-0.26-0.230.03-0.62-0.36-0.28-0.45-1.0-0.57-0.170.08-0.18
0.070.2-0.040.01-0.010.1-0.05-0.410.060.180.3-0.35-0.340.180.4-0.120.060.170.270.49-0.1-0.23-0.070.080.23
0.050.090.05-0.160.160.080.07-0.070.1-0.240.26-0.02-0.27-0.24-0.10.150.070.15-0.220.240.170.350.67-0.180.23
Click cells to compare fundamentals

Dynex Capital Account Relationship Matchups

Dynex Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding23.6M23.1M32.8M42.7M54.8M57.5M
Total Assets5.4B3.1B3.7B3.6B6.4B3.3B
Short Long Term Debt Total2.7M111K2.8B2.6B5.4B5.7B
Other Current Liab(15.6M)(1.4M)(1.4M)(16.5M)(5.4B)(5.1B)
Total Current Liabilities15.6M1.4M1.4M16.5M5.4B5.7B
Total Stockholder Equity583.0M633.5M771.3M901.3M870.7M914.3M
Net Debt(59.8M)(295.5M)2.5B2.3B5.3B5.5B
Retained Earnings(612.2M)(491.1M)(451.5M)(383.2M)(483.6M)(459.4M)
Accounts Payable15.6M1.4M1.4M16.5M53.2M55.9M
Cash62.6M295.6M366.0M332.0M119.6M65.9M
Non Current Assets Total5.2B2.6B3.2B301.7M6.1B6.4B
Non Currrent Assets Other(5.2B)(2.6B)(3.2B)(2.8B)8.5M9.0M
Other Assets93.7M31.1M128.0M2.9B119.5M113.6M
Cash And Short Term Investments62.6M295.6M366.0M332.0M119.6M66.0M
Net Receivables26.2M164.8M17.0M25.6M30.0M22.7M
Liabilities And Stockholders Equity5.4B3.1B3.7B3.6B6.4B3.3B
Non Current Liabilities Total2.7M111K18.5M16.5M72.0M68.4M
Other Stockholder Equity858.3M869.5M1.1B1.4B1.4B1.5B
Total Liab4.8B2.5B1.4M2.7B5.5B2.8B
Total Current Assets88.8M460.4M383.0M357.6M148.4M82.8M
Short Term Debt4.8B2.4B2.8B2.6B5.4B5.7B
Accumulated Other Comprehensive Income173.8M80.3M6.7M(181.3M)(158.5M)(150.6M)
Common Stock229K237K367K536K570K598.5K
Common Stock Total Equity628K229K237K367K422.1K317.7K
Other Liab9.7M8.2M6.3M10.9M12.6M11.9M
Long Term Debt974K1.6M1.8M435K391.5K371.9K
Preferred Stock Total Equity142.9M162.8M174.6M107.8M124.0M97.7M
Retained Earnings Total Equity(399.0M)(612.2M)(491.1M)(451.5M)(406.3M)(426.6M)
Other Current Assets(160.4M)(460.4M)(383.0M)(357.6M)(149.7M)(142.2M)
Net Tangible Assets420.2M458.9M663.4M793.5M912.5M541.1M
Long Term Debt Total974K1.6M1.8M435K391.5K371.9K
Capital Surpluse858.3M869.5M1.1B1.4B1.6B952.5M
Long Term Investments13.7M11.3M3.2B3.1B158.2M150.3M
Non Current Liabilities Other3.3B4.8B2.4B2.9B2.6B2.5B
Cash And Equivalents62.6M295.6M366.0M332.0M381.8M400.9M

Pair Trading with Dynex Capital

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dynex Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dynex Capital will appreciate offsetting losses from the drop in the long position's value.

Moving against Dynex Stock

  0.56DPCS DP Cap AcquisitionPairCorr
  0.45VCXB 10X Capital VenturePairCorr
The ability to find closely correlated positions to Dynex Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dynex Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dynex Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dynex Capital to buy it.
The correlation of Dynex Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dynex Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dynex Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dynex Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Dynex Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dynex Capital'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 Dynex Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dynex Capital Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynex Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Dynex Stock please use our How to Invest in Dynex Capital guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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Is Dynex Capital's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dynex Capital. If investors know Dynex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dynex Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.54)
Dividend Share
1.56
Earnings Share
1.2
Revenue Per Share
1.998
Quarterly Revenue Growth
(0.36)
The market value of Dynex Capital is measured differently than its book value, which is the value of Dynex that is recorded on the company's balance sheet. Investors also form their own opinion of Dynex Capital's value that differs from its market value or its book value, called intrinsic value, which is Dynex Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dynex Capital's market value can be influenced by many factors that don't directly affect Dynex Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dynex Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dynex Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynex Capital'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.