BANKBARODA | | | 246.41 0.01 0% |
Bank of Baroda financial indicator trend analysis is way more than just evaluating Bank of Baroda prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Baroda is a good investment. Please check the relationship between Bank of Baroda Common Stock and its Long Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Baroda. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Common Stock vs Long Term Investments
Common Stock vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bank of Baroda Common Stock account and
Long Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bank of Baroda's Common Stock and Long Term Investments is 0.95. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Bank of Baroda, assuming nothing else is changed. The correlation between historical values of Bank of Baroda's Common Stock and Long 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 of Bank of Baroda are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Common Stock i.e., Bank of Baroda's Common Stock and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock
Long Term Investments
Long Term Investments is an item on the asset side of Bank of Baroda balance sheet that represents investments Bank of Baroda intends to hold for over a year. Bank of Baroda long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Bank of Baroda's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Baroda 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 Bank of Baroda. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
As of 12/02/2024,
Selling General Administrative is likely to grow to about 5.2
B. Also,
Tax Provision is likely to grow to about 77.6
BBank of Baroda fundamental ratios Correlations
Click cells to compare fundamentals
Bank of Baroda Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bank of Baroda fundamental ratios Accounts
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Additional Tools for Bank Stock Analysis
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measure Bank of Baroda'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 Bank of Baroda is operating at the current time. Most of Bank of Baroda's value examination focuses on studying past and present price action to
predict the probability of Bank of Baroda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Baroda's price. Additionally, you may evaluate how the addition of Bank of Baroda to your portfolios can decrease your overall portfolio volatility.