QCRH Stock | | | USD 75.33 0.64 0.86% |
QCR Holdings financial indicator trend analysis is much more than just breaking down QCR Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether QCR Holdings is a good investment. Please check the relationship between QCR Holdings Income Tax Expense and its Extraordinary Items accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in QCR 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 metropolitan statistical area.
For more detail on how to invest in QCR Stock please use our
How to Invest in QCR Holdings guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
QCR Holdings Income Tax Expense account and
Extraordinary Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between QCR Holdings' Income Tax Expense and Extraordinary Items is -0.36. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of QCR Holdings, assuming nothing else is changed. The correlation between historical values of QCR Holdings' Income Tax Expense and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of QCR Holdings are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Income Tax Expense i.e., QCR Holdings' Income Tax Expense and Extraordinary Items go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from QCR Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into QCR Holdings 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 QCR 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 metropolitan statistical area.
For more detail on how to invest in QCR Stock please use our
How to Invest in QCR Holdings guide.As of now, QCR Holdings'
Enterprise Value Multiple is decreasing as compared to previous years. The QCR Holdings' current
Enterprise Value is estimated to increase to about 1.3
B, while
Tax Provision is projected to decrease to under 12.9
M.