VBTX Stock | | | USD 31.26 1.19 3.96% |
Veritex Holdings financial indicator trend analysis is much more than just breaking down Veritex Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veritex Holdings is a good investment. Please check the relationship between Veritex Holdings Long Term Investments and its Short Term Debt accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Veritex Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Veritex Stock please use our
How to Invest in Veritex Holdings guide.
Long Term Investments vs Short Term Debt
Long Term Investments vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Veritex Holdings Long Term Investments account and
Short Term Debt. At this time, the significance of the direction appears to have no relationship.
The correlation between Veritex Holdings' Long Term Investments and Short Term Debt is 0.03. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Veritex Holdings, assuming nothing else is changed. The correlation between historical values of Veritex Holdings' Long Term Investments 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 Long Term Investments of Veritex Holdings 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 Long Term Investments i.e., Veritex Holdings' Long Term Investments and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Veritex Holdings balance sheet that represents investments Veritex Holdings intends to hold for over a year. Veritex Holdings long term investments may include different instruments such as stocks, bonds, real estate and cash.
Short Term Debt
Most indicators from Veritex Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veritex Holdings 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 Veritex Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Veritex Stock please use our
How to Invest in Veritex Holdings guide.At this time, Veritex Holdings'
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.48 in 2024, whereas
Tax Provision is likely to drop slightly above 23.6
M in 2024.
Veritex Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Veritex Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Veritex Holdings fundamental ratios Accounts
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Additional Tools for Veritex Stock Analysis
When running Veritex Holdings' price analysis, check to
measure Veritex Holdings' 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 Veritex Holdings is operating at the current time. Most of Veritex Holdings' value examination focuses on studying past and present price action to
predict the probability of Veritex Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veritex Holdings' price. Additionally, you may evaluate how the addition of Veritex Holdings to your portfolios can decrease your overall portfolio volatility.