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 Preferred Stock Total Equity and its Good Will 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.
Preferred Stock Total Equity vs Good Will
Preferred Stock Total Equity vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Standard Chartered PLC Preferred Stock Total Equity account and
Good Will. At this time, the significance of the direction appears to have weak relationship.
The correlation between Standard Chartered's Preferred Stock Total Equity and Good Will is 0.3. Overlapping area represents the amount of variation of Preferred Stock Total Equity that can explain the historical movement of Good Will 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 Preferred Stock Total Equity 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 Preferred Stock Total Equity of Standard Chartered PLC 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 Preferred Stock Total Equity i.e., Standard Chartered's Preferred Stock Total Equity and Good Will go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Preferred Stock Total Equity
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 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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