| 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 Net Income and its Change To Netincome 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.
Net Income vs Change To Netincome
Net Income vs Change To Netincome Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Northern Bear Plc Net Income account and
Change To Netincome. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Northern Bear's Net Income and Change To Netincome is -0.25. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Netincome 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 Net Income and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Northern Bear Plc are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Net Income i.e., Northern Bear's Net Income and Change To Netincome go up and down completely randomly.
Correlation Coefficient | -0.25 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Northern Bear Plc financial statement analysis. It represents the amount of money remaining after all of Northern Bear Plc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Change To Netincome
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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