CENTRALBK | | | 54.23 0.01 0.02% |
Central Bank financial indicator trend analysis is way more than just evaluating Central Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Central Bank is a good investment. Please check the relationship between Central Bank Total Current Assets and its Net Tangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Central 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 metropolitan statistical area.
Total Current Assets vs Net Tangible Assets
Total Current Assets vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Central Bank Total Current Assets account and
Net Tangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Central Bank's Total Current Assets and Net Tangible Assets is -0.59. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Central Bank of, assuming nothing else is changed. The correlation between historical values of Central Bank's Total Current Assets and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Central Bank of are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Current Assets i.e., Central Bank's Total Current Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.59 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Central Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Central 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 Central 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 metropolitan statistical area.
Tax Provision is expected to rise to about 15.9
B this year, although the value of
Selling General Administrative will most likely fall to about 436.2
M.
Central Bank fundamental ratios Correlations
Click cells to compare fundamentals
Central Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Central Bank fundamental ratios Accounts
Also Currently Popular
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.
Other Information on Investing in Central Stock
Balance Sheet is a snapshot of the
financial position of Central Bank at a specified time, usually calculated after every quarter, six months, or one year. Central Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Central Bank 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 Central currently owns. An asset can also be divided into two categories, current and non-current.