002948 Stock | | | 3.84 0.05 1.32% |
Bank of Qingdao financial indicator trend analysis is way more than just evaluating Bank of Qingdao prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Qingdao is a good investment. Please check the relationship between Bank of Qingdao Begin Period Cash Flow and its Dividends Paid accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Qingdao. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Begin Period Cash Flow vs Dividends Paid
Begin Period Cash Flow vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bank of Qingdao Begin Period Cash Flow account and
Dividends Paid. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bank of Qingdao's Begin Period Cash Flow and Dividends Paid is -0.53. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Bank of Qingdao, assuming nothing else is changed. The correlation between historical values of Bank of Qingdao's Begin Period Cash Flow and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Bank of Qingdao are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Begin Period Cash Flow i.e., Bank of Qingdao's Begin Period Cash Flow and Dividends Paid go up and down completely randomly.
Correlation Coefficient | -0.53 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Bank of Qingdao's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Qingdao 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Qingdao. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Tax Provision is expected to grow to about 271.5
M, whereas
Selling General Administrative is forecasted to decline to about 1.1
B.
Bank of Qingdao fundamental ratios Correlations
Click cells to compare fundamentals
Bank of Qingdao Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bank of Qingdao fundamental ratios Accounts
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Other Information on Investing in Bank Stock
Balance Sheet is a snapshot of the
financial position of Bank of Qingdao at a specified time, usually calculated after every quarter, six months, or one year. Bank of Qingdao Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bank of Qingdao and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bank currently owns. An asset can also be divided into two categories, current and non-current.