PBFS Stock | | | USD 11.68 0.19 1.60% |
Pioneer Bancorp financial indicator trend analysis is much more than just breaking down Pioneer Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pioneer Bancorp is a good investment. Please check the relationship between Pioneer Bancorp Net Tangible Assets and its Intangible Assets accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pioneer Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Pioneer Stock please use our
How to Invest in Pioneer Bancorp guide.
Net Tangible Assets vs Intangible Assets
Net Tangible Assets vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pioneer Bancorp Net Tangible Assets account and
Intangible Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Pioneer Bancorp's Net Tangible Assets and Intangible Assets is 0.16. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Pioneer Bancorp, assuming nothing else is changed. The correlation between historical values of Pioneer Bancorp's Net Tangible Assets and Intangible 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 Net Tangible Assets of Pioneer Bancorp are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Tangible Assets i.e., Pioneer Bancorp's Net Tangible Assets and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Pioneer Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pioneer Bancorp 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pioneer Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Pioneer Stock please use our
How to Invest in Pioneer Bancorp guide.At this time, Pioneer Bancorp's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 5.45 in 2024, whereas
Selling General Administrative is likely to drop slightly above 27.9
M in 2024.
Pioneer Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
Pioneer Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pioneer Bancorp fundamental ratios Accounts
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Additional Tools for Pioneer Stock Analysis
When running Pioneer Bancorp's price analysis, check to
measure Pioneer Bancorp'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 Pioneer Bancorp is operating at the current time. Most of Pioneer Bancorp's value examination focuses on studying past and present price action to
predict the probability of Pioneer Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pioneer Bancorp's price. Additionally, you may evaluate how the addition of Pioneer Bancorp to your portfolios can decrease your overall portfolio volatility.