SYBT Stock | | | USD 77.93 0.62 0.80% |
Stock Yards financial indicator trend analysis is much more than just breaking down Stock Yards Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stock Yards Bancorp is a good investment. Please check the relationship between Stock Yards Net Income and its Begin Period Cash Flow accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Stock Yards 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 bureau of labor statistics.
Net Income vs Begin Period Cash Flow
Net Income vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Stock Yards Bancorp Net Income account and
Begin Period Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Stock Yards' Net Income and Begin Period Cash Flow is 0.52. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Stock Yards Bancorp, assuming nothing else is changed. The correlation between historical values of Stock Yards' Net Income and Begin Period Cash Flow 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 Income of Stock Yards Bancorp are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Net Income i.e., Stock Yards' Net Income and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Stock Yards Bancorp financial statement analysis. It represents the amount of money remaining after all of Stock Yards Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Stock Yards' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stock Yards 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Stock Yards 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 bureau of labor statistics.
At this time, Stock Yards'
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 852.2
M in 2024, whereas
Tax Provision is likely to drop slightly above 19.3
M in 2024.
Stock Yards fundamental ratios Correlations
Click cells to compare fundamentals
Stock Yards Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stock Yards fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Stock Stock Analysis
When running Stock Yards' price analysis, check to
measure Stock Yards' 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 Stock Yards is operating at the current time. Most of Stock Yards' value examination focuses on studying past and present price action to
predict the probability of Stock Yards' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stock Yards' price. Additionally, you may evaluate how the addition of Stock Yards to your portfolios can decrease your overall portfolio volatility.