BARC Stock | | | 263.80 1.30 0.49% |
Barclays PLC financial indicator trend analysis is way more than just evaluating Barclays PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Barclays PLC is a good investment. Please check the relationship between Barclays PLC Total Operating Expenses and its Other Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Barclays PLC. 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.
Total Operating Expenses vs Other Operating Expenses
Total Operating Expenses vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Barclays PLC Total Operating Expenses account and
Other Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Barclays PLC's Total Operating Expenses and Other Operating Expenses is 0.98. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Barclays PLC, assuming nothing else is changed. The correlation between historical values of Barclays PLC's Total Operating Expenses and Other 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 Total Operating Expenses of Barclays PLC are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Operating Expenses i.e., Barclays PLC's Total Operating Expenses and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Barclays PLC. It is also known as Barclays PLC 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.
Most indicators from Barclays PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Barclays PLC 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 Barclays PLC. 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 drop to about 1.9
B in 2024.
Discontinued Operations is likely to gain to about (2
B) in 2024
Barclays PLC fundamental ratios Correlations
Click cells to compare fundamentals
Barclays PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Barclays PLC fundamental ratios Accounts
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Additional Tools for Barclays Stock Analysis
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