| BLX Stock | | | USD 38.00 0.03 0.08% |
Foreign Trade financial indicator trend analysis is much more than just examining Foreign Trade Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foreign Trade Bank is a good investment. Please check the relationship between Foreign Trade Other Operating Expenses and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Foreign Trade 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 bureau of economic analysis.
Other Operating Expenses vs Net Income
Other Operating Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Foreign Trade Bank Other Operating Expenses account and
Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Foreign Trade's Other Operating Expenses and Net Income is -0.45. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of Foreign Trade Bank, assuming nothing else is changed. The correlation between historical values of Foreign Trade's Other Operating Expenses and Net Income 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 Operating Expenses of Foreign Trade Bank are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Operating Expenses i.e., Foreign Trade's Other Operating Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | -0.45 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Foreign Trade Bank. It is also known as Foreign Trade overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Foreign Trade Bank financial statement analysis. It represents the amount of money remaining after all of Foreign Trade Bank operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Foreign Trade's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foreign Trade 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 Foreign Trade 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 bureau of economic analysis.
Selling General Administrative is likely to rise to about 72.1
M in 2025, whereas
Discontinued Operations is likely to drop (3.8
K) in 2025.
Foreign Trade fundamental ratios Correlations
Click cells to compare fundamentals
Foreign Trade Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Foreign Trade fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Foreign Stock Analysis
When running Foreign Trade's price analysis, check to
measure Foreign Trade'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 Foreign Trade is operating at the current time. Most of Foreign Trade's value examination focuses on studying past and present price action to
predict the probability of Foreign Trade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foreign Trade's price. Additionally, you may evaluate how the addition of Foreign Trade to your portfolios can decrease your overall portfolio volatility.