0MGE Stock | | | 353.00 5.20 1.50% |
Sydbank financial indicator trend analysis is much more than just breaking down Sydbank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sydbank is a good investment. Please check the relationship between Sydbank Investments and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sydbank. 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.
Investments vs Property Plant Equipment
Investments vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sydbank Investments account and
Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between Sydbank's Investments and Property Plant Equipment is -0.85. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Sydbank, assuming nothing else is changed. The correlation between historical values of Sydbank's Investments and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Sydbank are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Investments i.e., Sydbank's Investments and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.85 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Property Plant Equipment
Most indicators from Sydbank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sydbank 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 Sydbank. 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 245
M in 2024
Sydbank fundamental ratios Correlations
Click cells to compare fundamentals
Sydbank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sydbank fundamental ratios Accounts
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Additional Tools for Sydbank Stock Analysis
When running Sydbank's price analysis, check to
measure Sydbank'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 Sydbank is operating at the current time. Most of Sydbank's value examination focuses on studying past and present price action to
predict the probability of Sydbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sydbank's price. Additionally, you may evaluate how the addition of Sydbank to your portfolios can decrease your overall portfolio volatility.