OBT Stock | | | USD 59.50 0.63 1.07% |
Orange County financial indicator trend analysis is much more than just breaking down Orange County Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orange County Bancorp is a good investment. Please check the relationship between Orange County Long Term Investments and its Good Will accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orange County Bancorp. 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 labor statistics.
Long Term Investments vs Good Will
Long Term Investments vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Orange County Bancorp Long Term Investments account and
Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Orange County's Long Term Investments and Good Will is 0.53. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Orange County Bancorp, assuming nothing else is changed. The correlation between historical values of Orange County's Long Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Orange County Bancorp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Investments i.e., Orange County's Long Term Investments and Good Will go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Orange County balance sheet that represents investments Orange County Bancorp intends to hold for over a year. Orange County Bancorp long term investments may include different instruments such as stocks, bonds, real estate and cash.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Orange County's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orange County Bancorp 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orange County Bancorp. 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 labor statistics.
At this time, Orange County's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 11.97 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Orange County fundamental ratios Correlations
Click cells to compare fundamentals
Orange County Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Orange County fundamental ratios Accounts
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Additional Tools for Orange Stock Analysis
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measure Orange County's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Orange County is operating at the current time. Most of Orange County's value examination focuses on studying past and present price action to
predict the probability of Orange County's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orange County's price. Additionally, you may evaluate how the addition of Orange County to your portfolios can decrease your overall portfolio volatility.