PSB Stock | | | 50.31 0.97 1.97% |
Punjab Sind financial indicator trend analysis is much more than just breaking down Punjab Sind Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Punjab Sind Bank is a good investment. Please check the relationship between Punjab Sind Cash and its Common Stock Shares Outstanding accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Punjab Sind Bank. 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.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Punjab Sind Bank Cash account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Punjab Sind's Cash and Common Stock Shares Outstanding is -0.23. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Punjab Sind Bank, assuming nothing else is changed. The correlation between historical values of Punjab Sind's Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Punjab Sind Bank are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Punjab Sind's Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Punjab Sind Bank, which is listed under current asset account on Punjab Sind Bank balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Punjab Sind customers. The amounts must be unrestricted with restricted cash listed in a different Punjab Sind 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.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Punjab Sind's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Punjab Sind Bank 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 Punjab Sind Bank. 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.
The current year's
Tax Provision is expected to grow to about 3.6
B, whereas
Selling General Administrative is forecasted to decline to about 282.7
M.
Punjab Sind fundamental ratios Correlations
Click cells to compare fundamentals
Punjab Sind Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Punjab Sind 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 Punjab Stock
Balance Sheet is a snapshot of the
financial position of Punjab Sind Bank at a specified time, usually calculated after every quarter, six months, or one year. Punjab Sind Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Punjab Sind 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 Punjab currently owns. An asset can also be divided into two categories, current and non-current.