0RCR Stock | | | 2.78 0.00 0.00% |
National Bank financial indicator trend analysis is infinitely more than just investigating National Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Bank is a good investment. Please check the relationship between National Bank Inventory and its Net Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in National Bank of. 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.
Inventory vs Net Receivables
Inventory vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
National Bank Inventory account and
Net Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between National Bank's Inventory and Net Receivables is 0.1. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Receivables in the same time period over historical financial statements of National Bank of, assuming nothing else is changed. The correlation between historical values of National Bank's Inventory and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of National Bank of are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Inventory i.e., National Bank's Inventory and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Inventory
Net Receivables
Most indicators from National Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Bank 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 National Bank of. 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 gain to about 15.5
M in 2024.
Discontinued Operations is likely to gain to about 277.7
M in 2024
National Bank fundamental ratios Correlations
Click cells to compare fundamentals
National Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
National Bank fundamental ratios Accounts
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Additional Tools for National Stock Analysis
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measure National Bank'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 National Bank is operating at the current time. Most of National Bank's value examination focuses on studying past and present price action to
predict the probability of National 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 National Bank's price. Additionally, you may evaluate how the addition of National Bank to your portfolios can decrease your overall portfolio volatility.