BANKBARODA | | | 246.40 2.60 1.04% |
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 Net Tangible Assets and its Other Stockholder Equity 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.
Net Tangible Assets vs Other Stockholder Equity
Net Tangible Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bank of Baroda Net Tangible Assets account and
Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bank of Baroda's Net Tangible Assets and Other Stockholder Equity is -0.04. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Stockholder Equity 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 Net Tangible Assets and Other Stockholder 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 Net Tangible Assets of Bank of Baroda are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Tangible Assets i.e., Bank of Baroda's Net Tangible Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Other Stockholder Equity
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 12/01/2024,
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.