STAN Stock | | | 972.40 7.00 0.71% |
Standard Chartered financial indicator trend analysis is much more than just breaking down Standard Chartered PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Standard Chartered PLC is a good investment. Please check the relationship between Standard Chartered Net Receivables and its Short Term Debt accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Chartered 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 board of governors.
Net Receivables vs Short Term Debt
Net Receivables vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Standard Chartered PLC Net Receivables account and
Short Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Standard Chartered's Net Receivables and Short Term Debt is 0.16. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Standard Chartered PLC, assuming nothing else is changed. The correlation between historical values of Standard Chartered's Net Receivables and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Standard Chartered PLC are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Receivables i.e., Standard Chartered's Net Receivables and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Receivables
Short Term Debt
Most indicators from Standard Chartered's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Standard Chartered 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Chartered 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 board of governors.
Selling General Administrative is likely to gain to about 1.8
B in 2024, whereas
Tax Provision is likely to drop slightly above 1.3
B in 2024.
Standard Chartered fundamental ratios Correlations
Click cells to compare fundamentals
Standard Chartered Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Standard Chartered fundamental ratios Accounts
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