PFG Stock | | | 0.22 0.01 4.35% |
Prime Financial financial indicator trend analysis is much more than just breaking down Prime Financial Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prime Financial Group is a good investment. Please check the relationship between Prime Financial Other Assets and its Common Stock Total Equity accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prime Financial 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.
Other Assets vs Common Stock Total Equity
Other Assets vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Prime Financial Group Other Assets account and
Common Stock Total Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Prime Financial's Other Assets and Common Stock Total Equity is 0.28. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Prime Financial Group, assuming nothing else is changed. The correlation between historical values of Prime Financial's Other Assets and Common Stock Total Equity 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 Assets of Prime Financial Group are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Other Assets i.e., Prime Financial's Other Assets and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Assets
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Prime Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prime Financial 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prime Financial 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 2.2
M in 2024.
Tax Provision is likely to drop to about 1.1
M in 2024
Prime Financial fundamental ratios Correlations
Click cells to compare fundamentals
Prime Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prime Financial fundamental ratios Accounts
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Additional Tools for Prime Stock Analysis
When running Prime Financial's price analysis, check to
measure Prime Financial'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 Prime Financial is operating at the current time. Most of Prime Financial's value examination focuses on studying past and present price action to
predict the probability of Prime Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Financial's price. Additionally, you may evaluate how the addition of Prime Financial to your portfolios can decrease your overall portfolio volatility.