| NBIFIN Stock | | | 2,706 128.85 5.00% |
N B financial indicator trend analysis is infinitely more than just investigating N B I recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether N B I is a good investment. Please check the relationship between N B Common Stock and its Cash accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in N B I. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Common Stock vs Cash
Common Stock vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
N B I Common Stock account and
Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between N B's Common Stock and Cash is -0.15. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash in the same time period over historical financial statements of N B I, assuming nothing else is changed. The correlation between historical values of N B's Common Stock 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 Common Stock of N B I 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 Common Stock i.e., N B's Common Stock and Cash go up and down completely randomly.
Correlation Coefficient | -0.15 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Common Stock
Cash
Cash refers to the most liquid asset of N B I, which is listed under current asset account on N B I balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from N B customers. The amounts must be unrestricted with restricted cash listed in a different N B 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 N B's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into N B I 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 N B I. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
As of November 26, 2024,
Selling General Administrative is expected to decline to about 1.5
M. In addition to that,
Tax Provision is expected to decline to about 23.9
MN B fundamental ratios Correlations
Click cells to compare fundamentals
N B Account Relationship Matchups
High Positive Relationship
High Negative Relationship
N B 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 NBIFIN Stock
Balance Sheet is a snapshot of the
financial position of N B I at a specified time, usually calculated after every quarter, six months, or one year. N B Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of N B 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 NBIFIN currently owns. An asset can also be divided into two categories, current and non-current.