002936 Stock | | | 2.12 0.03 1.44% |
Bank of Zhengzhou financial indicator trend analysis is way more than just evaluating Bank of Zhengzhou prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Zhengzhou is a good investment. Please check the relationship between Bank of Zhengzhou Common Stock and its Total Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Zhengzhou. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Common Stock vs Total Liab
Common Stock vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bank of Zhengzhou Common Stock account and
Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bank of Zhengzhou's Common Stock and Total Liab is 0.95. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Liab in the same time period over historical financial statements of Bank of Zhengzhou, assuming nothing else is changed. The correlation between historical values of Bank of Zhengzhou's Common Stock 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 of Bank of Zhengzhou 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 i.e., Bank of Zhengzhou's Common Stock and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Bank of Zhengzhou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Zhengzhou 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Zhengzhou. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Tax Provision is expected to grow to about (113.9
M). In addition to that,
Selling General Administrative is expected to decline to about 844.3
MBank of Zhengzhou fundamental ratios Correlations
Click cells to compare fundamentals
Bank of Zhengzhou Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bank of Zhengzhou fundamental ratios Accounts
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Other Information on Investing in Bank Stock
Balance Sheet is a snapshot of the
financial position of Bank of Zhengzhou at a specified time, usually calculated after every quarter, six months, or one year. Bank of Zhengzhou Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bank of Zhengzhou and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bank currently owns. An asset can also be divided into two categories, current and non-current.