0G67 Stock | | | 143.28 0.62 0.43% |
Sparebanken Vest financial indicator trend analysis is much more than just breaking down Sparebanken Vest prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sparebanken Vest is a good investment. Please check the relationship between Sparebanken Vest Property Plant Equipment and its Net Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sparebanken Vest. 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.
Property Plant Equipment vs Net Receivables
Property Plant Equipment vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sparebanken Vest Property Plant Equipment account and
Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sparebanken Vest's Property Plant Equipment and Net Receivables is 0.61. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Sparebanken Vest, assuming nothing else is changed. The correlation between historical values of Sparebanken Vest's Property Plant Equipment and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Sparebanken Vest are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant Equipment i.e., Sparebanken Vest's Property Plant Equipment and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant Equipment
Net Receivables
Most indicators from Sparebanken Vest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sparebanken Vest 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 Sparebanken Vest. 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 gain to about 1.4
B in 2025, whereas
Tax Provision is likely to drop slightly above 517
M in 2025.
Sparebanken Vest fundamental ratios Correlations
Click cells to compare fundamentals
Sparebanken Vest Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sparebanken Vest fundamental ratios Accounts
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Additional Tools for Sparebanken Stock Analysis
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measure Sparebanken Vest'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 Sparebanken Vest is operating at the current time. Most of Sparebanken Vest's value examination focuses on studying past and present price action to
predict the probability of Sparebanken Vest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparebanken Vest's price. Additionally, you may evaluate how the addition of Sparebanken Vest to your portfolios can decrease your overall portfolio volatility.