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 Other Assets and its Retained Earnings 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.
Other Assets vs Retained Earnings
Other Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Valley National Bancorp Other Assets account and
Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Valley National's Other Assets and Retained Earnings is 0.91. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Retained Earnings 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 Other Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Valley National Bancorp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Assets i.e., Valley National's Other Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Assets
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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.