NWG Stock | | | 402.70 3.80 0.95% |
NatWest Group financial indicator trend analysis is infinitely more than just investigating NatWest Group PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NatWest Group PLC is a good investment. Please check the relationship between NatWest Group Capital Expenditures and its Other Non Cash Items accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NatWest Group 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.
Capital Expenditures vs Other Non Cash Items
Capital Expenditures vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NatWest Group PLC Capital Expenditures account and
Other Non Cash Items. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NatWest Group's Capital Expenditures and Other Non Cash Items is 0.43. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of NatWest Group PLC, assuming nothing else is changed. The correlation between historical values of NatWest Group's Capital Expenditures and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of NatWest Group PLC are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Capital Expenditures i.e., NatWest Group's Capital Expenditures and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Capital Expenditures
Capital Expenditures are funds used by NatWest Group PLC to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of NatWest Group operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Other Non Cash Items
Most indicators from NatWest Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NatWest Group 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 NatWest Group 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.
The current year's
Selling General Administrative is expected to grow to about 3
B, whereas
Tax Provision is forecasted to decline to about 1
B.
NatWest Group fundamental ratios Correlations
Click cells to compare fundamentals
NatWest Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NatWest Group 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.
When determining whether NatWest Group PLC is a strong investment it is important to analyze NatWest Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NatWest Group's
future performance.
For an informed investment choice regarding NatWest Stock, refer to the following important reports: Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NatWest Group 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.
You can also try the
Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Please note, there is a significant difference between NatWest Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if NatWest Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NatWest Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.