BANCOINDIA | | | 482.90 11.65 2.36% |
Banco Products financial indicator trend analysis is way more than just evaluating Banco Products prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Banco Products is a good investment. Please check the relationship between Banco Products Net Income and its Discontinued Operations accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Products Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Net Income vs Discontinued Operations
Net Income vs Discontinued Operations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Banco Products Net Income account and
Discontinued Operations. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Banco Products' Net Income and Discontinued Operations is -0.59. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of Banco Products Limited, assuming nothing else is changed. The correlation between historical values of Banco Products' Net Income and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Banco Products Limited are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Net Income i.e., Banco Products' Net Income and Discontinued Operations go up and down completely randomly.
Correlation Coefficient | -0.59 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Banco Products financial statement analysis. It represents the amount of money remaining after all of Banco Products Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Discontinued Operations
Most indicators from Banco Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Banco Products 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 Banco Products Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
As of the 6th of January 2025,
Selling General Administrative is likely to drop to about 51
M. In addition to that,
Tax Provision is likely to drop to about 612.9
MBanco Products fundamental ratios Correlations
Click cells to compare fundamentals
Banco Products Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Banco Products fundamental ratios Accounts
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Other Information on Investing in Banco Stock
Balance Sheet is a snapshot of the
financial position of Banco Products at a specified time, usually calculated after every quarter, six months, or one year. Banco Products Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Banco Products 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 Banco currently owns. An asset can also be divided into two categories, current and non-current.