PROV Stock | | | USD 16.44 0.03 0.18% |
Provident Financial financial indicator trend analysis is much more than just breaking down Provident Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Provident Financial is a good investment. Please check the relationship between Provident Financial Common Stock Shares Outstanding and its Total Liab accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Provident Financial Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Common Stock Shares Outstanding vs Total Liab
Common Stock Shares Outstanding vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Provident Financial Common Stock Shares Outstanding account and
Total Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Provident Financial's Common Stock Shares Outstanding and Total Liab is -0.59. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Liab in the same time period over historical financial statements of Provident Financial Holdings, assuming nothing else is changed. The correlation between historical values of Provident Financial's Common Stock Shares Outstanding and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Provident Financial Holdings are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Common Stock Shares Outstanding i.e., Provident Financial's Common Stock Shares Outstanding and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.59 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Provident Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Provident Financial 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 Provident Financial Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
At this time, Provident Financial's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 21.13 in 2024, whereas
Tax Provision is likely to drop slightly above 3
M in 2024.
Provident Financial fundamental ratios Correlations
Click cells to compare fundamentals
Provident Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Provident Financial fundamental ratios Accounts
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Additional Tools for Provident Stock Analysis
When running Provident Financial's price analysis, check to
measure Provident 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 Provident Financial is operating at the current time. Most of Provident Financial's value examination focuses on studying past and present price action to
predict the probability of Provident 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 Provident Financial's price. Additionally, you may evaluate how the addition of Provident Financial to your portfolios can decrease your overall portfolio volatility.