VLY Stock | | | USD 10.78 0.22 2.08% |
Valley National financial indicator trend analysis is much more than just breaking down Valley National Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Valley National Bancorp is a good investment. Please check the relationship between Valley National Gross Profit and its Total Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Valley National Bancorp. 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 economic analysis.
Gross Profit vs Total Revenue
Gross Profit vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Valley National Bancorp Gross Profit account and
Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Valley National's Gross Profit and Total Revenue is 1.0. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Valley National Bancorp, assuming nothing else is changed. The correlation between historical values of Valley National's Gross Profit and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Valley National Bancorp are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Gross Profit i.e., Valley National's Gross Profit and Total Revenue go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Valley National Bancorp minus its cost of goods sold. It is profit before Valley National operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Total Revenue
Total revenue comprises all receipts Valley National Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Valley National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Valley National Bancorp 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 Valley National Bancorp. 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 economic analysis.
At this time, Valley National's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 16.58 in 2024, whereas
Selling General Administrative is likely to drop slightly above 73.2
M in 2024.
Valley National fundamental ratios Correlations
Click cells to compare fundamentals
Valley National Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Valley National fundamental ratios Accounts
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Additional Tools for Valley Stock Analysis
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measure Valley National's 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 Valley National is operating at the current time. Most of Valley National's value examination focuses on studying past and present price action to
predict the probability of Valley National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Valley National's price. Additionally, you may evaluate how the addition of Valley National to your portfolios can decrease your overall portfolio volatility.