BANC-PF Stock | | | 24.73 0.08 0.32% |
Banc Of financial indicator trend analysis is way more than just evaluating Banc of California prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Banc of California is a good investment. Please check the relationship between Banc Of Short Term Investments and its Common Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Banc of California. 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.
Short Term Investments vs Common Stock
Short Term Investments vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Banc of California Short Term Investments account and
Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Banc Of's Short Term Investments and Common Stock is 0.83. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock in the same time period over historical financial statements of Banc of California, assuming nothing else is changed. The correlation between historical values of Banc Of's Short Term Investments and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Banc of California are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Term Investments i.e., Banc Of's Short Term Investments and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Term Investments
Short Term Investments is an item under the current assets section of Banc Of balance sheet. It contains any investments Banc of California undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Banc of California can easily liquidate in the marketplace.
Common Stock
Most indicators from Banc Of's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Banc of California 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 Banc of California. 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.
At this time, Banc Of's
Selling General Administrative is most likely to increase significantly in the upcoming years. The Banc Of's current
Sales General And Administrative To Revenue is estimated to increase to 1.25, while
Tax Provision is forecasted to increase to (266.9
M).
Banc Of fundamental ratios Correlations
Click cells to compare fundamentals
Banc Of Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Banc Of fundamental ratios Accounts
| | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) |
Net Debt | | 595.9M | 588.0M | 773.4M | (1.5B) | (1.4B) | (1.3B) |
Currently Active Assets on Macroaxis
Other Information on Investing in Banc Stock
Balance Sheet is a snapshot of the
financial position of Banc of California at a specified time, usually calculated after every quarter, six months, or one year. Banc Of Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Banc Of 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 Banc currently owns. An asset can also be divided into two categories, current and non-current.