0MGD Stock | | | 482.90 5.50 1.13% |
Jyske Bank financial indicator trend analysis is infinitely more than just investigating Jyske Bank AS recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jyske Bank AS is a good investment. Please check the relationship between Jyske Bank Other Current Assets and its Other Current Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jyske Bank AS. 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.
Other Current Assets vs Other Current Liab
Other Current Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jyske Bank AS Other Current Assets account and
Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jyske Bank's Other Current Assets and Other Current Liab is 0.98. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Jyske Bank AS, assuming nothing else is changed. The correlation between historical values of Jyske Bank's Other Current Assets and Other Current 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 Other Current Assets of Jyske Bank AS are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Current Assets i.e., Jyske Bank's Other Current Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Other Current Liab
Most indicators from Jyske Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jyske Bank AS 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 Jyske Bank AS. 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.
Tax Provision is likely to gain to about 548.6
M in 2024
Jyske Bank fundamental ratios Correlations
Click cells to compare fundamentals
Jyske Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jyske Bank fundamental ratios Accounts
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Additional Tools for Jyske Stock Analysis
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measure Jyske Bank'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 Jyske Bank is operating at the current time. Most of Jyske Bank's value examination focuses on studying past and present price action to
predict the probability of Jyske Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jyske Bank's price. Additionally, you may evaluate how the addition of Jyske Bank to your portfolios can decrease your overall portfolio volatility.