CBU Stock | | | USD 70.06 1.39 1.95% |
Community Bank financial indicator trend analysis is way more than just evaluating Community Bank System prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Community Bank System is a good investment. Please check the relationship between Community Bank Other Current Liab and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Bank System. 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.
Other Current Liab vs Common Stock Shares Outstanding
Other Current Liab vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Community Bank System Other Current Liab account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Community Bank's Other Current Liab and Common Stock Shares Outstanding is -0.16. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Community Bank System, assuming nothing else is changed. The correlation between historical values of Community Bank's Other Current Liab and Common Stock Shares Outstanding 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 Current Liab of Community Bank System are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Liab i.e., Community Bank's Other Current Liab and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Liab
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Community Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Community Bank System 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 Community Bank System. 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.
At this time, Community Bank's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 45.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 768.5
K in 2024.
Community Bank fundamental ratios Correlations
Click cells to compare fundamentals
Community Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Community Bank fundamental ratios Accounts
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