0QQZ Stock | | | 424.50 2.50 0.59% |
St Galler financial indicator trend analysis is much more than just breaking down St Galler Kantonalbank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether St Galler Kantonalbank is a good investment. Please check the relationship between St Galler Investments and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in St Galler Kantonalbank. 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 Depreciation
Investments vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
St Galler Kantonalbank Investments account and
Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between St Galler's Investments and Depreciation is 0.52. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Depreciation in the same time period over historical financial statements of St Galler Kantonalbank, assuming nothing else is changed. The correlation between historical values of St Galler's Investments and Depreciation 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 St Galler Kantonalbank are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Investments i.e., St Galler's Investments and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Depreciation
Depreciation indicates how much of St Galler Kantonalbank value has been used up. For tax purposes St Galler can deduct the cost of the tangible assets it purchases as business expenses. However, St Galler Kantonalbank must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from St Galler's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into St Galler Kantonalbank 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 St Galler Kantonalbank. 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 91
M in 2024.
Tax Provision is likely to gain to about 25.2
M in 2024
St Galler fundamental ratios Correlations
Click cells to compare fundamentals
St Galler Account Relationship Matchups
High Positive Relationship
High Negative Relationship
St Galler fundamental ratios Accounts
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Additional Tools for 0QQZ Stock Analysis
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measure St Galler'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 St Galler is operating at the current time. Most of St Galler's value examination focuses on studying past and present price action to
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