BNKR Stock | | | 116.60 0.20 0.17% |
Bankers Investment financial indicator trend analysis is way more than just evaluating Bankers Investment Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bankers Investment Trust is a good investment. Please check the relationship between Bankers Investment Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bankers Investment Trust. 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.
Cash And Short Term Investments vs Non Currrent Assets Other
Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bankers Investment Trust Cash And Short Term Investments account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bankers Investment's Cash And Short Term Investments and Non Currrent Assets Other is -0.63. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Bankers Investment Trust, assuming nothing else is changed. The correlation between historical values of Bankers Investment's Cash And Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Bankers Investment Trust are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., Bankers Investment's Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Bankers Investment Trust balance sheet. This account contains Bankers Investment investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Bankers Investment Trust fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Bankers Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bankers Investment Trust 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 Bankers Investment Trust. 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 1.2
M in 2024, whereas
Tax Provision is likely to drop slightly above 2.4
M in 2024.
Bankers Investment fundamental ratios Correlations
Click cells to compare fundamentals
Bankers Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bankers Investment fundamental ratios Accounts
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Additional Tools for Bankers Stock Analysis
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measure Bankers Investment'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 Bankers Investment is operating at the current time. Most of Bankers Investment's value examination focuses on studying past and present price action to
predict the probability of Bankers Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bankers Investment's price. Additionally, you may evaluate how the addition of Bankers Investment to your portfolios can decrease your overall portfolio volatility.