LLOY Stock | | | 53.06 0.20 0.38% |
Lloyds Banking financial indicator trend analysis is infinitely more than just investigating Lloyds Banking Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lloyds Banking Group is a good investment. Please check the relationship between Lloyds Banking Short Term Investments and its Good Will accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lloyds Banking Group. 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 Good Will
Short Term Investments vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lloyds Banking Group Short Term Investments account and
Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lloyds Banking's Short Term Investments and Good Will is -0.08. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Lloyds Banking Group, assuming nothing else is changed. The correlation between historical values of Lloyds Banking's Short Term Investments and Good Will 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 Lloyds Banking Group are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Term Investments i.e., Lloyds Banking's Short Term Investments and Good Will go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Lloyds Banking balance sheet. It contains any investments Lloyds Banking Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Lloyds Banking Group can easily liquidate in the marketplace.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Lloyds Banking's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lloyds Banking Group 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lloyds Banking Group. 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.
Selling General Administrative is likely to drop to about 226.6
M in 2024.
Tax Provision is likely to drop to about 1.4
B in 2024
Lloyds Banking fundamental ratios Correlations
Click cells to compare fundamentals
Lloyds Banking Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lloyds Banking fundamental ratios Accounts
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Additional Tools for Lloyds Stock Analysis
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