| IOB Stock | | | 53.83 0.78 1.43% |
Indian Overseas financial indicator trend analysis is infinitely more than just investigating Indian Overseas Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indian Overseas Bank is a good investment. Please check the relationship between Indian Overseas Total Assets and its Common Stock Shares Outstanding accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indian Overseas 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 board of governors.
Total Assets vs Common Stock Shares Outstanding
Total Assets vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Indian Overseas Bank Total Assets account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Indian Overseas' Total Assets and Common Stock Shares Outstanding is -0.02. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Indian Overseas Bank, assuming nothing else is changed. The correlation between historical values of Indian Overseas' Total Assets 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 Total Assets of Indian Overseas 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 Total Assets i.e., Indian Overseas' Total Assets and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.02 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Indian Overseas assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Indian Overseas Bank books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Indian Overseas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indian Overseas 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indian Overseas 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 board of governors.
The current year's
Selling General Administrative is expected to grow to about 899.5
M. The current year's
Tax Provision is expected to grow to about 7.9
BIndian Overseas fundamental ratios Correlations
Click cells to compare fundamentals
Indian Overseas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Indian Overseas 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.
Other Information on Investing in Indian Stock
Balance Sheet is a snapshot of the
financial position of Indian Overseas Bank at a specified time, usually calculated after every quarter, six months, or one year. Indian Overseas Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Indian Overseas 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 Indian currently owns. An asset can also be divided into two categories, current and non-current.