COFS Stock | | | USD 37.48 0.21 0.56% |
ChoiceOne Financial financial indicator trend analysis is way more than just evaluating ChoiceOne Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ChoiceOne Financial is a good investment. Please check the relationship between ChoiceOne Financial Stock Based Compensation and its Dividends Paid accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in ChoiceOne Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Stock Based Compensation vs Dividends Paid
Stock Based Compensation vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ChoiceOne Financial Stock Based Compensation account and
Dividends Paid. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ChoiceOne Financial's Stock Based Compensation and Dividends Paid is 0.93. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of ChoiceOne Financial Services, assuming nothing else is changed. The correlation between historical values of ChoiceOne Financial's Stock Based Compensation and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of ChoiceOne Financial Services are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Stock Based Compensation i.e., ChoiceOne Financial's Stock Based Compensation and Dividends Paid go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from ChoiceOne Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ChoiceOne Financial 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 ChoiceOne Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, ChoiceOne Financial's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.70 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 164.1
K in 2024.
ChoiceOne Financial fundamental ratios Correlations
Click cells to compare fundamentals
ChoiceOne Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ChoiceOne Financial fundamental ratios Accounts
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Additional Tools for ChoiceOne Stock Analysis
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measure ChoiceOne Financial'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 ChoiceOne Financial is operating at the current time. Most of ChoiceOne Financial's value examination focuses on studying past and present price action to
predict the probability of ChoiceOne Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChoiceOne Financial's price. Additionally, you may evaluate how the addition of ChoiceOne Financial to your portfolios can decrease your overall portfolio volatility.