| NBB Stock | | | 4.75 0.75 13.64% |
Norman Broadbent financial indicator trend analysis is infinitely more than just investigating Norman Broadbent Plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Norman Broadbent Plc is a good investment. Please check the relationship between Norman Broadbent Short Term Investments and its Cash accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norman Broadbent 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 bureau of economic analysis.
Short Term Investments vs Cash
Short Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Norman Broadbent Plc Short Term Investments account and
Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Norman Broadbent's Short Term Investments and Cash is -0.1. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Norman Broadbent Plc, assuming nothing else is changed. The correlation between historical values of Norman Broadbent's Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Norman Broadbent Plc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Term Investments i.e., Norman Broadbent's Short Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | -0.1 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Norman Broadbent balance sheet. It contains any investments Norman Broadbent Plc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Norman Broadbent Plc can easily liquidate in the marketplace.
Cash
Cash refers to the most liquid asset of Norman Broadbent Plc, which is listed under current asset account on Norman Broadbent Plc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Norman Broadbent customers. The amounts must be unrestricted with restricted cash listed in a different Norman Broadbent account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Norman Broadbent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Norman Broadbent 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norman Broadbent 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 bureau of economic analysis.
At present, Norman Broadbent's
Discontinued Operations is projected to increase significantly based on the last few years of reporting.
Norman Broadbent fundamental ratios Correlations
Click cells to compare fundamentals
Norman Broadbent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Norman Broadbent fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Norman Stock
Balance Sheet is a snapshot of the
financial position of Norman Broadbent Plc at a specified time, usually calculated after every quarter, six months, or one year. Norman Broadbent Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Norman Broadbent and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Norman currently owns. An asset can also be divided into two categories, current and non-current.