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 Income Before Tax and its Net Income From Continuing Ops 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.
Income Before Tax vs Net Income From Continuing Ops
Income Before Tax vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Punjab Sind Bank Income Before Tax account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have totally related.
The correlation between Punjab Sind's Income Before Tax and Net Income From Continuing Ops is 0.99. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income From Continuing Ops 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 Income Before Tax and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Punjab Sind Bank are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Before Tax i.e., Punjab Sind's Income Before Tax and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Punjab Sind income statement and is an important metric when analyzing Punjab Sind Bank profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Net Income From Continuing Ops
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.