0MGE Stock | | | 352.60 3.80 1.07% |
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 Other Liab and its Net Receivables 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.
Other Liab vs Net Receivables
Other Liab vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sydbank Other Liab account and
Net Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sydbank's Other Liab and Net Receivables is 0.25. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Sydbank, assuming nothing else is changed. The correlation between historical values of Sydbank's Other Liab 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 Other Liab of Sydbank 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 Other Liab i.e., Sydbank's Other Liab and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Liab
Net Receivables
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
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.