ABA Stock | | | 4.48 0.08 1.82% |
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 Short Term Investments and its Common Stock Total Equity 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.
Short Term Investments vs Common Stock Total Equity
Short Term Investments vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Auswide Bank Short Term Investments account and
Common Stock Total Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Auswide Bank's Short Term Investments and Common Stock Total Equity is 0.29. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock Total Equity 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 Short Term Investments and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Auswide Bank are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Short Term Investments i.e., Auswide Bank's Short Term Investments and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Auswide Bank balance sheet. It contains any investments Auswide Bank undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Auswide Bank can easily liquidate in the marketplace.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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
When running Auswide Bank's price analysis, check to
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.