0N4T Stock | | | 125.43 1.37 1.08% |
Nordea Bank financial indicator trend analysis is infinitely more than just investigating Nordea Bank Abp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nordea Bank Abp is a good investment. Please check the relationship between Nordea Bank Other Liab and its Other Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Nordea Bank Abp. 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.
Other Liab vs Other Current Assets
Other Liab vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nordea Bank Abp Other Liab account and
Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nordea Bank's Other Liab and Other Current Assets is 0.89. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Nordea Bank Abp, assuming nothing else is changed. The correlation between historical values of Nordea Bank's Other Liab and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Nordea Bank Abp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Liab i.e., Nordea Bank's Other Liab and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Liab
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Nordea Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nordea Bank Abp 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 Nordea Bank Abp. 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.
Tax Provision is likely to drop to about 923.1
M in 2025
Nordea Bank fundamental ratios Correlations
Click cells to compare fundamentals
Nordea Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nordea Bank fundamental ratios Accounts
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predict the probability of Nordea Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordea Bank's price. Additionally, you may evaluate how the addition of Nordea Bank to your portfolios can decrease your overall portfolio volatility.