NTBR Stock | | | 53.50 0.50 0.93% |
Northern Bear financial indicator trend analysis is infinitely more than just investigating Northern Bear Plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northern Bear Plc is a good investment. Please check the relationship between Northern Bear Common Stock Shares Outstanding and its Current Deferred Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Bear 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 board of governors.
Common Stock Shares Outstanding vs Current Deferred Revenue
Common Stock Shares Outstanding vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Northern Bear Plc Common Stock Shares Outstanding account and
Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Northern Bear's Common Stock Shares Outstanding and Current Deferred Revenue is -0.05. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Northern Bear Plc, assuming nothing else is changed. The correlation between historical values of Northern Bear's Common Stock Shares Outstanding and Current Deferred Revenue 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 Shares Outstanding of Northern Bear Plc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Common Stock Shares Outstanding i.e., Northern Bear's Common Stock Shares Outstanding and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Northern Bear's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northern Bear 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 Northern Bear 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 board of governors.
Selling General Administrative is likely to drop to about 8.6
M in 2024.
Discontinued Operations is likely to gain to about (3.6
M) in 2024
Northern Bear fundamental ratios Correlations
Click cells to compare fundamentals
Northern Bear Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Northern Bear fundamental ratios Accounts
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