601658 Stock | | | 5.31 0.03 0.56% |
Postal Savings financial indicator trend analysis is much more than just breaking down Postal Savings Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Postal Savings Bank is a good investment. Please check the relationship between Postal Savings Property Plant Equipment and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Postal Savings Bank. 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.
Property Plant Equipment vs Common Stock Shares Outstanding
Property Plant Equipment vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Postal Savings Bank Property Plant Equipment account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Postal Savings' Property Plant Equipment and Common Stock Shares Outstanding is 0.92. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Postal Savings Bank, assuming nothing else is changed. The correlation between historical values of Postal Savings' Property Plant Equipment 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 Property Plant Equipment of Postal Savings Bank 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 Property Plant Equipment i.e., Postal Savings' Property Plant Equipment and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant Equipment
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 Postal Savings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Postal Savings 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 Postal Savings Bank. 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,
Tax Provision is expected to decline to about 4.2
B. In addition to that,
Selling General Administrative is expected to decline to about 33.2
MPostal Savings fundamental ratios Correlations
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Postal Savings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Postal Savings fundamental ratios Accounts
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Other Information on Investing in Postal Stock
Balance Sheet is a snapshot of the
financial position of Postal Savings Bank at a specified time, usually calculated after every quarter, six months, or one year. Postal Savings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Postal Savings 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 Postal currently owns. An asset can also be divided into two categories, current and non-current.