ABA Stock | | | 4.40 0.05 1.12% |
Auswide Bank financial indicator trend analysis is way more than just evaluating Auswide Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Auswide Bank is a good investment. Please check the relationship between Auswide Bank Common Stock Total Equity and its Cash And Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Auswide Bank. 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.
Common Stock Total Equity vs Cash And Short Term Investments
Common Stock Total Equity vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Auswide Bank Common Stock Total Equity account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Auswide Bank's Common Stock Total Equity and Cash And Short Term Investments is 0.42. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Auswide Bank, assuming nothing else is changed. The correlation between historical values of Auswide Bank's Common Stock Total Equity and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Auswide Bank are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Total Equity i.e., Auswide Bank's Common Stock Total Equity and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Auswide Bank balance sheet. This account contains Auswide Bank investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Auswide Bank fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Auswide Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Auswide Bank 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 Auswide Bank. 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 44.6
M in 2024.
Discontinued Operations is likely to gain to about 577.4
K in 2024
Auswide Bank fundamental ratios Correlations
Click cells to compare fundamentals
Auswide Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Auswide Bank fundamental ratios Accounts
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Additional Tools for Auswide Stock Analysis
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measure Auswide 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 Auswide Bank is operating at the current time. Most of Auswide Bank's value examination focuses on studying past and present price action to
predict the probability of Auswide 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 Auswide Bank's price. Additionally, you may evaluate how the addition of Auswide Bank to your portfolios can decrease your overall portfolio volatility.