AROW Stock | | | USD 33.08 0.27 0.81% |
Arrow Financial financial indicator trend analysis is way more than just evaluating Arrow Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arrow Financial is a good investment. Please check the relationship between Arrow Financial Other Operating Expenses and its Total Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrow Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Arrow Stock please use our
How to Invest in Arrow Financial guide.
Other Operating Expenses vs Total Operating Expenses
Other Operating Expenses vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Arrow Financial Other Operating Expenses account and
Total Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between Arrow Financial's Other Operating Expenses and Total Operating Expenses is -0.73. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Arrow Financial, assuming nothing else is changed. The correlation between historical values of Arrow Financial's Other Operating Expenses and Total Operating Expenses 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 Operating Expenses of Arrow Financial are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Other Operating Expenses i.e., Arrow Financial's Other Operating Expenses and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.73 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Arrow Financial. It is also known as Arrow Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Arrow Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arrow Financial 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 Arrow Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Arrow Stock please use our
How to Invest in Arrow Financial guide.At this time, Arrow Financial's
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 1.3
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.27 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 64.4M | 74.2M | 2.4M | 2.3M | Other Operating Expenses | 78.3M | 9.8M | 73.0M | 50.7M |
Arrow Financial fundamental ratios Correlations
Click cells to compare fundamentals
Arrow Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Arrow Financial fundamental ratios Accounts
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Additional Tools for Arrow Stock Analysis
When running Arrow Financial's price analysis, check to
measure Arrow Financial'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 Arrow Financial is operating at the current time. Most of Arrow Financial's value examination focuses on studying past and present price action to
predict the probability of Arrow Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arrow Financial's price. Additionally, you may evaluate how the addition of Arrow Financial to your portfolios can decrease your overall portfolio volatility.