SFBS Stock | | | USD 93.25 0.52 0.56% |
ServisFirst Bancshares financial indicator trend analysis is much more than just breaking down ServisFirst Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ServisFirst Bancshares is a good investment. Please check the relationship between ServisFirst Bancshares Common Stock and its Other Current Liab accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in ServisFirst Bancshares. 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.
For more information on how to buy ServisFirst Stock please use our
How to Invest in ServisFirst Bancshares guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ServisFirst Bancshares Common Stock account and
Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ServisFirst Bancshares' Common Stock and Other Current Liab is -0.42. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of ServisFirst Bancshares, assuming nothing else is changed. The correlation between historical values of ServisFirst Bancshares' Common Stock and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of ServisFirst Bancshares are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Common Stock i.e., ServisFirst Bancshares' Common Stock and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.42 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Most indicators from ServisFirst Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ServisFirst Bancshares 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
World Market Map to better understand how to build diversified portfolios, which includes a position in ServisFirst Bancshares. 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.
For more information on how to buy ServisFirst Stock please use our
How to Invest in ServisFirst Bancshares guide.At this time, ServisFirst Bancshares'
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 577.65 in 2024, whereas
Tax Provision is likely to drop slightly above 44.6
M in 2024.
When running ServisFirst Bancshares' price analysis, check to
measure ServisFirst Bancshares' 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 ServisFirst Bancshares is operating at the current time. Most of ServisFirst Bancshares' value examination focuses on studying past and present price action to
predict the probability of ServisFirst Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ServisFirst Bancshares' price. Additionally, you may evaluate how the addition of ServisFirst Bancshares to your portfolios can decrease your overall portfolio volatility.