002966 Stock | | | 7.86 0.01 0.13% |
Bank of Suzhou financial indicator trend analysis is way more than just evaluating Bank of Suzhou prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Suzhou is a good investment. Please check the relationship between Bank of Suzhou Total Current Assets and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Suzhou. 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.
Total Current Assets vs Common Stock Shares Outstanding
Total Current Assets vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bank of Suzhou Total Current Assets account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bank of Suzhou's Total Current Assets and Common Stock Shares Outstanding is 0.62. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Bank of Suzhou, assuming nothing else is changed. The correlation between historical values of Bank of Suzhou's Total Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Bank of Suzhou are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Current Assets i.e., Bank of Suzhou's Total Current Assets and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Bank of Suzhou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Suzhou 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 Suzhou. 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.
As of November 29, 2024,
Selling General Administrative is expected to decline to about 2.5
B. In addition to that,
Tax Provision is expected to decline to about 694.2
MBank of Suzhou fundamental ratios Correlations
Click cells to compare fundamentals
Bank of Suzhou Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bank of Suzhou fundamental ratios Accounts
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.
Other Information on Investing in Bank Stock
Balance Sheet is a snapshot of the
financial position of Bank of Suzhou at a specified time, usually calculated after every quarter, six months, or one year. Bank of Suzhou Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bank of Suzhou 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.